BHEL secures orders from Chile and Estonia -Governance Now

BHEL secures orders from Chile and Estonia

With maiden orders for transformer bushing from Chile and electronic cards from Estonia, BHEL has now expanded its global footprint to 82 countries

GN Bureau | August 21, 2017

#PSU #BHEL #Chile #Estonia #Africa #overseas orders

Bharat Heavy Electricals Limited (BHEL) has added another feather to its cap by securing export orders from Chile and Estonia. This has helped BHEL to expand and consolidate its footprint in the international market.

With maiden orders for transformer bushing from Niquel Electric Ltd, Chile and electronic cards from SCANFIL OY Vana Sauga, Estonia, the Maharatna enterprise has now expanded its global footprint to 82 countries.

“Persistent efforts towards globalisation have led to BHEL securing the highest-ever export orders of over Rs 10,000 crore from 23 countries in 2016-17 fiscal. The company secured its largest-ever export order for setting up the 1,320 MW (2x660 MW) Maitree super thermal power project in Bangladesh. Recently, BHEL also forayed into two other countries in Africa— Togo and Benin,” a press release said.

BHEL is making concerted efforts to tap available opportunities in the overseas market. Currently, it is focusing on expanding its global presence through market expansion and market penetration.

The company is favourably placed in Africa, where it is looking at executing a combined cycle power plant in Tanzania and a hydro power plant in Zimbabwe. These projects are nearing financial closure and BHEL expects to secure these orders soon. The company is also focusing on providing after sales support to its customers in existing overseas projects.

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