BHEL wins Award for Best R&D and Innovation

Sarkaritel
By Sarkaritel December 17, 2015 12:05

BHEL wins Award for Best R&D and Innovation


Bharat Heavy Electricals Limited (BHEL) has won the India Today Award 2015 for Best R&D and Innovation in the Maharatna category. The award was jointly received by Atul Sobti, Director (Power & Finance) and Subrata Biswas, Director (E, R&D) from Piyush Goyal, Union Minister of State (Independent Charge) of Power, Coal and New & Renewable Energy, in the presence of Ravi Shankar Prasad, Union Minister of Communications & Information Technology.

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BHEL is the largest spender on R&D among large engineering companies in India, with an expenditure of more than 2.5% of its turnover and engages more than 700 engineers in R&D activities at its Corporate R&D Division and various manufacturing units. Nearly 20% of its annual turnover comes from in-house developments introduced in previous five years.

Sarkaritel
By Sarkaritel December 17, 2015 12:05