BHEL creates new Benchmarks in Project Execution in 2015-16

Sarkaritel
By Sarkaritel April 7, 2016 13:39

BHEL creates new Benchmarks in Project Execution in 2015-16


New Delhi, April 7: Bharat Heavy Electricals Limited (BHEL) has recorded the highest-ever Commissioning of Projects in its history and the highest Order Booking in the last Five Yearsin fiscal 2015-16, ending the year with significant traction in growth drivers.

Enhanced focus on project execution has resulted in BHEL creating history by way ofcommissioning/synchronizing an all-time high 15,059 MW of power generating equipment during the year. With this, the worldwide installed base of power generating equipment supplied by BHEL has exceeded 170 GW.

This includes the highest-ever power generation capacity addition of 13,061 MW to the Indian utility segment, a quantum jump of 59% over the previous year. Notably, the capacity addition of domestic utility sets is 23% higher than the target set by the government for BHEL. With this, BHEL has already achieved 94% of the capacity addition target for the XII Plan in first 4 years itself.

Despite intense competitive pressure in the power and capital goods markets during the year, BHEL achieved the highest order booking in the last five years, at Rs.43,727 Crore, a 42% leap over 2014-15. This comprises orders worth Rs.38,529 Crore in the Power segment and Rs.5,125 Crore in the Industry segment. The company ended the year with a total order book of over Rs.1,10,000 Crore.

Sarkaritel
By Sarkaritel April 7, 2016 13:39