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Bharat Heavy Electricals Limited

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Bharat Heavy Electricals Limited
Company typeState-owned enterprise
Public (BSE: 500103, NSE: BHEL)
BSE SENSEX Constituent
IndustryElectrical equipment
Founded1964
Headquarters
New Delhi
,
India
Area served
Worldwide[1]
Key people
B.P. Rao, (Chairman & MD)
ProductsIncludes (Gas and Steam Turbines), Boilers, generators, Heat Exchangers, Pumps, programmable logic controllers, sensors, variable frequency drives, uninterruptible power supplies, circuit breakers, switchgear, switchboards, motor controllers
RevenueIncrease US$ 09.07 billion (2012)[2]
Increase US$ 01.33 billion (2012)
Total assetsIncrease US$ 02.37 billion (2012)[3]
Number of employees
46,274 (2010)[3]
Websitewww.bhel.com

Bharat Heavy Electricals Limited (BHEL) is an Indian state-owned integrated power plant equipment manufacturer and operates as an engineering and manufacturing company based in New Delhi, India. BHEL was established in 1964, ushering in the indigenous Heavy Electrical Equipment industry in India.[5][6] The company has been earning profits continuously since 1971-72[7] and paying dividends since 1976-77.[8] It is one of the only 7 mega Public Sector Undertakings (PSUs) of India clubbed under the esteemed 'Maharatna' status.[9] On 1 February 2013, the Government of India [10] granted Maharatna status to Bharat Heavy Electricals Limited.[11]

It is engaged in the design, engineering, manufacture, construction, testing, commissioning and servicing of a wide range of products and services for the core sectors of the economy, viz. Power, Transmission, Industry, Transportation, Renewable Energy, Oil & Gas and Defence. It has 15 manufacturing divisions, two repair units, four regional offices, eight service centres, eight overseas offices and 15 regional centres and currently operates at more than 150 project sites across India and abroad. Most of its manufacturing units and other entities have been accredited to Quality Management Systems (ISO 9001:2008), Environmental Management Systems (ISO 14001:2004) and Occupational Health & Safety Management Systems (OHSAS 18001:2007).

It is the 7th largest power equipment manufacturer in the world. In the year 2011, it was ranked ninth most innovative company in the world by US business magazine Forbes. BHEL is the only Indian Engineering company on the list, which contains online retail firm Amazon at the second position with Apple and Google at fifth and seventh positions,respectively.[12] It is also placed at 4th place in Forbes Asia's Fabulous 50 List of 2010. [13]

BHEL has a share of 59% in India’s total installed generating capacity contributing 69% (approx.) to the total power generated from utility sets (excluding non-conventional capacity) as of March 31, 2012. The company has been exporting its power and industry segment products and services for over 40 years. BHEL’s global references are spread across 75 countries. The cumulative overseas installed capacity of BHEL manufactured power plants exceeds 9,000 MW across 21 countries including Malaysia, Oman, Iraq, the UAE, Bhutan, Egypt and New Zealand. Its physical exports range from turnkey projects to after sales services.

The company's Corporate R&D division at Hyderabad leads BHEL's research efforts in a number of areas of importance to its product range. Research and Product Development (RPD) centres at all its manufacturing divisions play a complementary role. BHEL has introduced, in the recent past, several state of the art products. Commercialisation of products and systems developed by way of in-house Research and Development contributed Rs.95,120 Million corresponding to around 19.3% of the company's total turnover in 2011-12. In 2011-12, BHEL filed 351 patents and copyrights, enhancing the company's intellectual capital to 1,786 patents and copyrights filed, which are in productive use in the company's business. The company established four new Centres of Excellence, taking the total tally to 13. Significantly, BHEL is one of the only four Indian companies and the only Indian Public Sector Enterprise figuring in 'The Global Innovation 1000' of Booz & Co., a list of 1,000 publicly traded companies which are the biggest spenders on R&D in the world.

The company boasts of a dedicated team of highly skilled and committed workforce of 49,390 employees.

BHEL works along a pre-determined CSR Scheme and its Mission Statement on CSR is "Be a Committed Corporate Citizen, alive towards its Corporate Social Responsibility". BHEL's contributions towards Corporate Social Responsibility till date include adoption of villages, free medical camps/charitable dispensaries, schools for the underprivileged and handicapped children, ban on child labour, disaster/natural calamity aid, employment for the differently abled, widow resettlement, employment for ex-serviceman, irrigation using treated sewage, pollution checking camps, plantation of millions of trees, energy saving and conservation of natural resources through environmental management. As part of social commitment, BHEL provides financial assistance to various NGOs/Trusts/Social Welfare Societies that are engaged in social welfare activities throughout the country. 56 villages having nearly 80,000 inhabitants have been adopted.

In June 2012, BHEL commissioned 250 MW power generating unit at Harduaganj in Uttar Pradesh. This would add six million units of electricity on a daily basis.[14]

Main manufacturing facilities

Entrance to BHEL Ranipur, Haridwar plant.

Besides these manufacturing units there are four power sectors ( PSNR-Noida, PSWR-Nagpur, PSER-Kolkata & PSSR-Chennai ) which undertake EPC contract from various customers and are responsible for erection and commissioning of various BHEL and bought out equipment. BHEL has two repair shops: HERP (Heavy Equipment Repair Plant), Varanasi[17] and EMRP (Electric Machines Repair Plant) Mumbai. Further, BHEL is planning to enter solar manufacturing in a big scale, as it has announced its plans for a 600 MW Solar Module Factory.[18]

Products

Indian Railways WCAM 3 Manufactured By BHEL

Aircraft

Prime Minister's Shram Award: Shri Ramkishor Tripathi, Assistant Engineer Grade-1,an employee from BHEL Bhopal Unit has conferred with prestigious Prime Minister's Shram Award for year-2005. Dr Manmohan Singh, Hon'ble Primeminister of India has given this award on 15/09/2010 at Vigyan Bhawan, New Delhi. Shri Tripathi was also honoured with Vishwakarma Rashtriya Award for year 1997, 1999 & 2001 respectivaly from Union labour ministry, Govt. of India for outstanding performance and creativity.

References

  1. ^ "For Website" (PDF). Retrieved 2010-12-22.
  2. ^ "Business Standard". Business Standard. Retrieved 2012-04-04.
  3. ^ a b "bhel.com". bhel.com. Retrieved 2010-12-22.
  4. ^ "Equitymaster.com". Equitymaster.com. Archived from the original on 27 December 2010. Retrieved 2010-12-22. {{cite web}}: Unknown parameter |deadurl= ignored (|url-status= suggested) (help)
  5. ^ http://www.bhel.com/about.php
  6. ^ http://indianpowersector.com/home/2010/10/heavy-electrical-industry-major-players/
  7. ^ http://www.bhel.com/about.php
  8. ^ http://www.bhel.com/about.php
  9. ^ Dept.of Public Enterprises' list of Maharatna, Navaratna & Miniratna PSUs
  10. ^ "BHEL to be categorised as Maharatna". timesofindia.indiatimes.com. Retrieved 2013-01-17.
  11. ^ http://dpe.nic.in/sites/upload_files/dpe/files/glch0942_01022013.pdf
  12. ^ Forbes. "The world's most innovative companies". Student.
  13. ^ "Outlook". Hindu.com. Retrieved 2010-12-22.
  14. ^ "BHEL sets up 250 MW at Parichha Thermal Project". 7 June 2012.
  15. ^ BHEL Hyderabad BHEL Hyderabad, Official Website
  16. ^ BHEL Tiruchirappalli BHEL Tiruchirappalli, Official Website.
  17. ^ HERP Varanasi HERP Varanasi BHEL, Official Website.
  18. ^ http://www.renewindians.com/2012/12/bhel-planning-600mw-solar-module.html

18. ^ BHEL Varanasi

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