Professional Documents
Culture Documents
Contents
1 History
2 Operations
o
3 Shareholding
5 Initiatives
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6 See also
7 References
8 External links
History
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 Hydrosets across India.[6]
Operations
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.
With a widespread 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 to execute
more than 150 project sites across India and abroad, BHEL provides products, systems and
services to customers efficiently and at competitive prices. The company has established
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, even while operating in a difficult business environment. Improved focus on
project execution enabled BHEL record 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]
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]
DG power Plants
Boiler Auxiliaries
Gas generator
Hydro generator
Steam turbine
Gas turbine
Hydro turbine
Transformer
Switchgear
Boiler drum
Piping System
Soot Blowers
Valves
Pumps
Power electronics
Semiconductor devices
Bus ducts
Insulators
Control panels
Capacitors
Bushings
Electrical machines
Compressors
Control gears
Traction motors
Shareholding
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 30-Mar-2014)
Central Government of India and State governments
Foreign Institutional Investors (FII)
Insurance companies
Banks, Financial Institutions and Mutual Funds
Individual shareholders
Others
Total
Shareholding[12]
63.06%
16.14%
11.01%
05.46%
02.89%
01.44%
100.00%
In 2013, BHEL won ICAI National Award for Excellence in Cost Management for the
eighth consecutive year.[14]
BHEL received two awards in CII-ITC Sustainability Awards 2012 from the President of
India.[15]
In the year 2011, it was ranked ninth most innovative company in the world by US
business magazine Forbes.[16]
The company won the prestigious Golden Peacock Award for Occupational Health &
Safety 2011 for significant achievements in the field of Occupational Health & Safety.[17]
Initiatives
Research and development
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.[19]
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