BHEL secures over Rs 31,000-cr orders in FY13

State-run BHEL today said it has secured orders worth over Rs 31,000 crore during financial year 2012-13, an increase of 43% over 2011-12.

The company had an orderbook of over Rs 22,096 crore in the 2011-12.

"Despite subdued business conditions in the power and infrastructure sectors coupled with intense competition in domestic and overseas markets, BHEL was able to secure orders worth Rs 31,650 crore, an increase of 43% over 2011-12," CMD BHEL B P Rao said at the company's Annual General Meeting here today.

The total orders in hand for execution in 2013-14 and beyond, stand at about Rs 1,15,100 crore, he said.

The order-book includes Rs 4,500 Crore worth of orders in Captive Power, Rail Transportation, Power Transmission, Oil & Gas, Renewable Energies and other industrial segments.

Rao said that the company clocked a turnover of Rs 50,156 crore and a net profit of Rs 6,615 crore in 2012-13.

"BHEL is enhancing its competitiveness on the global platform for sustaining leadership and engineering new growth avenues with the objective of fulfilling its responsibilities as a global engineering and manufacturing enterprise of India," he said.

BHEL was able to commission 10,340 MW of power plant equipment during 2012-13. It also established a 5 MWp grid-interactive SPV power plant at its Ranipet Unit.

MWp or megawatts-peak, refers to power output related to solar energy.

The company also witnessed an export order inflow of Rs 2,004 crore from 20 countries in 2012-13.

BHEL has manufacturing facilities in Hyderabad, Tiruchirapally, Ranipet, Haridwar, Jhansi, Bangalore etc.