Bharat Heavy Electricals Limited (BOM:500103)

QUOTE AND NEWS
Commodity Online  Nov 4  Comment 
Bharat Heavy Electricals Ltd is unable to meet the demand for power equipment in India and therefore the country needs to import equipments worth Rs 6000 cr annually if it is to add 14 000 MW of generating capacity every year as targetted.
Reuters  Oct 30  Comment 
Bharat Heavy Electricals, said on Friday it had signed the contract for a power plant order worth 50.4 billion rupees ($1.07 billion) that was placed last year.
Reuters  Oct 28  Comment 
Power equipment maker Bharat Heavy Electricals Ltd said on Wednesday it has bagged a 2.05 billion rupees ($43.5 million) order to set up a gas turbine generation unit in Oman.
Reuters  Oct 26  Comment 
Era Infra Engineering Ltd said on Monday it has won two orders worth 1.3 billion rupees from Bharat Heavy Electricals Ltd and the Central Public Works Department (CPWD).
Commodity Online  Oct 26  Comment 
Indian power utility major Bharat Heavy Electricals Ltd (BHEL) (BOM: 500103) posted thumping financial results for the second quarter of the current fiscal.
The Economic Times  Oct 23  Comment 
The state-run heavy electrical equipment maker Bharat Heavy Electricals (Bhel) on Friday reported a 39% rise in its net profit for the second quarter ended September 30, 2009.
The Economic Times  Oct 23  Comment 
It has been a contrast in performance when it comes to the two large state-owned companies — Bharat Heavy Electricals (BHEL) and NTPC.
Reuters  Oct 15  Comment 
State-run firm Bharat Heavy Electricals Ltd has got new orders worth 200 billion rupees ($4.3 billion) since April, including from Vedanta and Hindalco, Chairman B.P. Rao said on Thursday.
Business Standard  Oct 7  Comment 
Government-owned Bharat Heavy Electricals Ltd (BHEL) is looking at Africa for setting up its first manufacturing facility abroad. The company had earlier zeroed in on the UAE, but decided to locate the plant in Africa.
The Economic Times  Oct 1  Comment 
B Prasada Rao took over the charge of Chairman & Managing Director of the state-run power equipment maker Bharat Heavy Electricals Ltd (BHEL) .
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Business Profile

BHEL, a public sector undertaking, is the largest engineering and manufacturing enterprise in India in the energy-related/infrastructure sector.

The company was set up at Bhopal under the name of Heavy electrical (India) in collaboration with AEI, UK. Subsequently, three more plants were set up at Hyderabad, Hardwar and Trichy.

BHEL manufactures over 180 products under 30 major product groups and caters to sectors like power generation & transmission, industry, transportation, telecommunication, renewable energy, etc. The company has 14 manufacturing divisions, four power sector regional centres, over 100 project sites, eight service centres and 18 regional offices.

The company has installed equipment for over 90,000 MW of power generation and has supplied over 225,000 MVA transformer capacity and other equipment operating in the transmission & distribution network up to 400 kV (AC & DC).

Between January 92 and February 92, the government disinvested a portion of its share holding in the company.

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