BHEL surpasses 12th plan capacity addition target

BHEL clocked turnover of Rs 28,840 crore, up 11% over the previous year and a profit before tax of Rs 628 crore

GN Bureau | September 23, 2017


#BHEL   #PSU  

Attributing enhanced focus on project execution as the reason behind Bharat Heavy Electricals Limited’s (BHEL) growth, the enterprise’s CMD Atul Sobti said BHEL achieved a capacity addition of 45,274 MW during the 12th five year plan period (2012-17) and surpassed the target of 41,661 MW by 9 percent.

With this, BHEL continues to remain the single largest contributor to the country’s power generation capacity addition. During the year, it commissioned 8,570 MW of power generating equipment. The enterprise’s installed power generating capacity has gone up to around 180 GW globally.

He said BHEL has achieved double digit growth and bounced back into profit in 2016-17 fiscal, reversing the declining trend of the last three years.

While addressing the BHEL’s 53rd annual general meeting, Sobti said during the year, BHEL clocked turnover of Rs 28,840 crore, up 11 percent over the previous year and a profit before tax (PBT) of Rs 628 crore, compared to a loss of Rs 1,164 crore in the previous fiscal.

Four supercritical sets including three sets of 660 MW rating and one unit of 800 MW rating have been commissioned during the fiscal. With this, BHEL has commissioned 15 steam generators and 13 turbine generators supercritical sets till date. It also commissioned its single largest 50 MW solar photo voltaic power plant at NTPC Ananthpur.
 

Comments

 

Other News

Indian Railways celebrates 171 years of its pioneering journey

The Indian Railways is celebrating 171 glorious years of its existence. Going back in time, the first train in India (and Asia) ran between Mumbai and Thane on April 16, 1853. It was flagged off from Boribunder (where CSMT stands today). As the years passed, the Great Indian Peninsula Railway which ran the

Vasudhaiva Kutumbakam: How to connect businesses with people

7 Chakras of Management: Wisdom from Indic Scriptures By Ashutosh Garg Rupa Publications, 282 pages, Rs 595

ECI walks extra mile to reach out to elderly, PwD voters

In a path-breaking initiative, the Election Commission of India (ECI), for the first time in a Lok Sabha Election, has provided the facility of home voting for the elderly and Persons with Disabilities in the 2024 Lok Sabha elections. Voters above 85 years of age and Persons with Disabilities (PwDs) with 4

A fairly reasonable way to solve problems, personal and global

Reason to Be Happy: Why logical thinking is the key to a better life By Kaushik Basu Torva/Transworld, 224 pages

Is Nano-DAP a Catalyst for India’s Green Growth?

Nano Diammonium Phosphate, or Nano-DAP, is a revolutionary agricultural input that holds immense potential for transforming farming practices across varied agro-climatic zones in India. This innovative product is a nanoparticle-based formulation of diammonium phosphate, a widely used fertilizer in the agri

“Everyone, especially every woman, should’ve liberty of being themselves”

In February this year, yet another glass ceiling was broken, when Captain Shweta Singh became the first woman chief flight operations inspector (CFOI) at the Directorate General of Civil Aviation. Back then, in a social media post, Captain Singh had written: “The opportunity humbles me

Visionary Talk: Amitabh Gupta, Pune Police Commissioner with Kailashnath Adhikari, MD, Governance Now


Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter