Friday, September 20, 2013

BHEL secure orders worth over Rs 31,650 crore during FY 2012-13

20 Sep, 2013, 1643 hrs IST, Sarita C Singh, ET Bureau

B P Rao, Chairman and Managing Director, BHEL during a visit to the Hydro, Transformer, Traction and Electrical Machines manufacturing division of BHEL, in Bhopal. (File image)

NEW DELHI: Bharat Heavy Electricals Ltd secured orders worth over Rs 31,650 crore during financial year 2012-13, an increase of 43 per cent over 2011-12.

The orders were received from sectors like captive power, rail transportation, power transmission, oil and gas, renewable energies and other industrial segments, BHEL chairman and managing director B P Rao said on Friday.

"Despite subdued business conditions in the power and infrastructure sectors coupled with intense competition in domestic and overseas markets, BHEL was able to secure orders worth Rs 31,650 crore, an increase of 43 per cent over 2011-12," he said in his speech to shareholders.

The company had an order book of over Rs 22,096 crore in the 2011-12. The total orders in hand for execution are at about Rs 1,15,100 crore, he said. Rao said that the company clocked a turnover of Rs 50,156 crore and a net profit of Rs 6,615 crore in 2012-13.

BHEL commissioned 10,340 mw power plant equipment during 2012-13. and received export orders of Rs 2,004 crore from 20 countries in 2012-13.

BHEL's June quarter update:-

>Orders received during: Rs 1469 crore

>Power sector: Rs 818 crore

>Industry sector: Rs 648 crore

>Orders bagged for supply of boiler package for 4 units of 120-mw from Jindal Power Ltd for thermal projects in Africa.

>Order book as on June 30, 2013: Rs 1,08,600 crore

>82 per cent by power sector

>10 per cent by industry sector

>8 per cent by international operations.

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