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
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.
[Kancha Ilaiah Shepherd, scholar and dalit activist, has penned his autobiography which is more than just the life-story of an individual but promises to become a document for a generation and a community. We reproduce below an excerpt, with the permission of the publishers, where he talks about his yo
Villages without power supply are easy to find though the government says there are none. The lines are laid, but many villagers are too poor to pay for electricity. BPL (below poverty line) families, entitled to free supply, are waived the installation charge. But they don’t have money to wire their
In a major embarrassment to the railways, the much touted Vande Bharat Express developed a technical snag at Chamraula, 15 kms from Tundla junction. Prime Minister Narendra Modi flagged off the train on Friday from New Delhi station. The train was
Indian Railways entered a new era as prime minister Narendra Modi on Friday flagged off the country’s first semi high-speed train, Vande Bharat Express, from the New Delhi railway station. The new train is also seen as a success story of the NDA government’s ‘Make in India’
Riho Kruuv, Ambassador of the Republic of Estonia talks to Vishwas Dass on key issues like the importance of e-Residency programme of the Government of Estonia and why Estonia is becoming a preferred investment destination for Indian startups and budding entrepreneurs. The Ambassador says Estonia offer
There’s no dearth of self-help books. They come in a multitude of single-topic and hybrid varieties: habit change, management, habit change in management, spirituality, spirituality in management...you get the drift. Happiness at Work: Mindfulness, Analysis, and Well-Being, by R Anand, adds to the li