Bharat Heavy Electricals

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Bharat Heavy Electricals Limited

Type

Public Sector enterprise,Maharatna Company

Industry

Electrical equipments

Founded

1964

Founder

Government of India

Headquarters

New Delhi, India

Area served

Worldwide

Key people

B Prasada Rao, (Chairman &MD)

Products

Gas and Steam Turbines, Boilers, Generators, Heat

Exchangers, Pumps, Switchgears, Sensors,
Automation and Control Systems, Power
electronics, Transmission systems etc.

Revenue

411.9243 billion(US$6.5 billion) (2014)[1]

Net income

35.0286 billion(US$550 million) (2014)[2]

Total assets

752.4257 billion(US$12 billion) (2014)[3]

Total equity

331.5687 billion(US$5.2 billion) (2014)[4]

Number of
employees

47,525 (March 2014)[5]

Website

www.bhel.com

Bharat Heavy Electricals Limited (BHEL), owned by Government of India, is a power plant
equipment manufacturer and operates as an engineering and manufacturing company based
in New Delhi, India. Established in 1964, BHEL is India's largest engineering and manufacturing
company of its kind. The company has been earning profits continuously since 1971-72 and
paying dividends uninterruptedly since 1976-77.
Contents
[hide]

1 History

2 Operations
o

2.1 Main manufacturing facilities

2.2 Products and services

3 Shareholding

4 Awards and recognitions

5 Initiatives
o

5.1 Research and development

6 See also

7 References

8 External links

History[edit]
BHEL was established in 1964. Heavy Electricals (India) Limited was merged with BHEL in 1974.
[6]
In 1982, it entered into power equipments, to reduce its dependence on the power sector. It
developed the capability to produce a variety of electrical, electronic and mechanical equipments
for all sectors, including transmission, transportation, oil and gas and other allied industries. [6] In
1991, it was converted into a public limited company. By the end of 1996, the company had
handed over 100 Electric Locomotives to Indian Railway and installed 250 Hydro-sets across
India.[6]

Operations[edit]
It is engaged in the design, engineering, manufacturing, construction, testing, commissioning and
servicing of a wide range of products, systems and services for the core sectors of the economy,
viz. Power, Transmission, Industry, Transportation, Renewable energy, Oil & Gas and Defence.
It has a network of 17 manufacturing units, 2 repair units, 4 regional offices, 8 service centres, 8
overseas offices, 15 regional centres, 7 joint ventures, and infrastructure allowing it to execute
more than 150 projects at sites across India and abroad. The company has established the
capability to deliver 20,000 MW p.a. of power equipment to address the growing demand for
power generation equipment. [7]

BHEL has retained its market leadership position during 2013-14 with 72% market share in the
Power Sector. An improved focus on project execution enabled BHEL record its highest ever
commissioning/synchronization of 13,452 MW of power plants in domestic and international
markets in 2013-14, marking a 30% increase over 2012-13. The company has added more than
1,24,000 MW to the country's installed power generating capacity so far.
It also has been exporting its power and industry segment products and services for over 40
years. BHEL's global references are spread across over 76 countries across all the six
continents of the world. The cumulative overseas installed capacity of BHEL manufactured power
plants exceeds 9,000 MW across 21 countries
including Malaysia, Oman, Iraq,UAE, Bhutan, Egypt and New Zealand. Their physical exports
range from turnkey projects to after sales services.[8]

Main manufacturing facilities[edit]

Entrance to BHEL Ranipur, (Haridwar) plant.

Electronics Division (EDN), Bangalore

Industrial Systems Group (ISG), Bangalore

Electro-Porcelains Division (EPD), Bangalore

Heavy Electrical Plant (HEP), Bhopal

Industrial Valves Plant (IVP), Goindwal

Heavy Electrical Equipment Plant (HEEP), Ranipur (Haridwar)

Central Foundry Forge Plant (CFFP), Ranipur (Haridwar)

Heavy Power Equipment Plant (HPEP), Hyderabad

Entrance to BHEL Hyderabad

Insulator Plant (IP), Jagdishpur

Centralised Stamping Unit & Fabrication Plant (CSU & FP),

Jagdishpur

Transformer Plant (TP), Jhansi

Boiler Auxiliaries Plant (BAP), Ranipet

Component Fabrication Plant (CFP), Rudrapur

High Pressure Boiler Plant (HPBP), Tiruchirappalli

Seamless Steel Tube Plant (SSTP), Tiruchirappalli

Power Plant Piping Unit (PPPU), Thirumayam

Heavy Plates & Vessels Plant (HPVP), Visakhapatnam

The company is also setting up a new Greenfield Power Equipment Fabrication Plant (GPEFP)
at Bhandara, Maharashtra, the foundation stone for which was laid on 14 May 2013. 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.[9]

Products and services[edit]

Indian Railways WCAM 3 manufactured by BHEL

Thermal power Plants [10]

Nuclear power Plants

Gas based power Plants

Hydro power Plants

DG power Plants

Boilers (steam generator)

Boiler Auxiliaries

Gas generator

Hydro generator

Steam turbine

Gas turbine

Hydro turbine

Transformer

Switchgear

Oil field equipment

Boiler drum

Piping System

Soot Blowers

Valves

Seamless Steel Tubes

Condenser s and Heat exchangers

Pumps

Desalination and Water treatment plants

Automation and Control systems

Power electronics

Transmission system control

Semiconductor devices

Solar photo voltaics

Software system solutions

Bus ducts

Insulators

Control panels

Capacitors

Bushings

Electrical machines

DC, AC heavy duty Motors

Compressors

Control gears

Traction motors

Research and development products

Shareholding[edit]
BHEL's equity shares are listed on Bombay Stock Exchange and National Stock Exchange of
India.
Central Government of India and State governments in India hold majority of the shares of BHEL.
[11]

Shareholders (as on 31-December-2014)

Shareholding[12]

Central Government of India and State governments

63.06%

Foreign Institutional Investors (FII)

15.95%

Insurance companies

10.52%

Banks, Financial Institutions and Mutual Funds

06.80%

Individual shareholders

02.33%

Others

1.34%

Total

100.00%

Awards and recognitions[edit]

It is the 7th largest power equipment manufacturer in the world.

BHEL was adjudged the Best Power Equipment Manufacturing

Organisation by CBIP [13]

The company bagged PSE Excellence Award 2014 for R&D &
Technology Development

BHEL received the National Intellectual Property Award 2014

and WIPO Award for Innovative Enterprises [14]

In 2014, BHEL won ICAI National Award for Excellence in Cost

Management for the ninth consecutive year.[15]

BHEL received two awards in CII-ITC Sustainability Awards

2012 from the President of India.[16]

In the year 2011, it was ranked ninth most innovative company

in the world by US business magazine Forbes.[17]

The company won the prestigious Golden Peacock Award for

Occupational Health & Safety 2011 for significant achievements
in the field of Occupational Health & Safety.[18]

It is also placed at 4th place in Forbes Asia's Fabulous 50 List of

2010.[19]

Initiatives[edit]
Research and development[edit]
BHEL's investment in R&D is amongst the largest in the corporate sector in India.
During the year 2012-13, the company invested about Rs. 1,252 Crore on R&D efforts, which
corresponds to nearly 2.50% of the turnover of the company, focusing on new product and
system developments and improvements in existing products for cost competitiveness, higher
reliability, efficiency, availability and quality etc. To meet customer expectations, the company has
upgraded its products to contemporary levels through continuous in-house efforts as well as
through acquisition of new technologies from leading engineering organizations of the world. The
IPR (Intellectual Property Rights) capital of BHEL grew by 21.5% in the year, taking the total to
2170.
The Corporate R&D division at Hyderabad leads BHELs research efforts in a number of areas of
importance to BHELs product range. Research & product development (RPD) Groups for each
product group at the manufacturing divisions play a complementary role. BHEL has established
Centres of Excellence for Simulators, Computational Fluid Dynamics, Permanent Magnet
Machines, Surface Engineering, Machine Dynamics, Centre for Intelligent Machines and
Robotics, Compressors & Pumps, Centre for Nano Technology, Ultra High Voltage Laboratory at
Corporate R&D; Power Electronics and IGBT & Controller Technology at Electronics Division,
Bengaluru, and Advanced Fabrication Technology and Coal Research Centre at Tiruchirappalli.
BHEL has established four specialized institutes, viz., Welding Research Institute (WRI) at
Tiruchirappalli, Ceramic Technological Institute (CTI) at Bangalore, Centre for Electric Traction
(CET) at Bhopal and Pollution Control Research Institute (PCRI) at Haridwar. Amorphous Silicon
Solar Cell plant at Gurgaon pursues R&D in Photo Voltaic applications.[20]
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.[21]