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BHEL power division records 68% increase in turnover

BHEL power division records 68% increase in turnover
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First Published: Sun, Apr 08 2007. 01 33 PM IST
Updated: Sun, Apr 08 2007. 01 33 PM IST
PTI
Chennai: The power sector division of BHEL (Southern Region) has reported a record turnover of Rs625 crore for the last fiscal, an increase of 68.5% over the previous year’s turnover of Rs371 core.
“This is the best ever performance of the division so far”, group General Manager of the power division of BHEL (South), E Meenakshisundaram, told a press conference here last night.
Its profit before tax was up by 96.30% during the period, he said, adding that the division earned a profit of Rs115.66 crore in 2006-07 against Rs58.92 crore the previous year, he said.
The division also received a record all time high of new orders worth Rs858.58 crore. Its outstanding orders stood at Rs1,875 crore, which was also another record.
He said BHEL would commission projects, which would generate 1,210 MW of power during the first quarter of the current fiscal.
Meenkashisundaram said most thermal power stations to which BHEL had supplied machinery had achieved a Plant Load Factor of more than 85%. Topping the list was Mettur thermal station with 91.59%, followed by Simhadri with 91.14%, he said.
BHEL had also bagged the prestigious ordeer of turbine erection for the Russian aided Koodankulam Nuclear power project.
As part of its diversification plans, BHEL’s Ranipet unit would resume production of machinery to produce wind energy. The production of machinery, which was stopped 10 years ago, would resume soon and it would be totally indigenised, he added.
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First Published: Sun, Apr 08 2007. 01 33 PM IST
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