Comments
BHEL has accrued an outstanding order worth Rs 38,600 crore as of November-end 2010, a top official has said.
“We will end this year with a fat order position, as typically the last few months of the financial year is when we get more orders from our customers,” Mr AV Krishnan, ED, BHEL Trichy Complex, told reporters here last night.
In the recent past, there has been a spurt in IPP (Independent Power Plant) projects. Out of the Rs 38,600 crore orders, the IPP segment contributes to over 25 per cent. The remaining quantity is out of Public Sector Segment and Power Stations run by various State Electricity boards, he said.
This outstanding order book includes eight units of super-critical sets namely those that exceed 600MW capacity, he said.
“Last year, the total dispatch to our customers was to the tune of five lakh tonnes. This year we expect this to exceed 6.8 lakh tonnes. In 2011-12, our target is to touch eight lakh tonnes.”
On future plans, Mr Krishnan said, “the seamless steel tube project located at Trichy complex is undergoing modernisation and expansion.”
“During 2012-13, production capacity will be stepped up to 85,000 tonnes per annum which is twice the current capacity. We will invest Rs 200 crore and requisite machinery has already been ordered for supply and commissioning.”
As of March 31 2010,the installed capacity was enhanced to 10,000 MW and by 2011-12, it will be stepped up to 14,000 MW production capacity,” he said.
Phase III expansion at unit-II of Trichy complex is on along with a new unit at Tirumeiyam. The outlay is over Rs 500 crore and this is likely to crystallise by end of 2011-12. Initially, the installed capacity of Tirumeiyam project will be 30,000 tonnes of boiler pipes per annum.
BHEL has been maintaining an annual growth rate of 30 per cent for the last three years. Mr Krishnan was optimistic that they will be able to achieve this growth rate this year also.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.