This segment wants to disassociate itself from the power sector
The pact aims at promoting supply of BEML manufactured rolling stock as well as construction equipment for railway projects outside India
This is the first 500MW lignite fired power boiler in the country as the highest capacity of lignite-fired boiler so far was upto 250 MW only, a press release said.
The rating on the short-term bank facilities has been reaffirmed at 'CRISIL A1+'.
The company spent Rs 4,316 crore for acquiring the materials consumed including erection and engineering in Q2 which is largely similar to the previous quarter spending of Rs 4,388 crore.
The company said its buildings and factories business has received an order for execution of mechanical works for a cement plant at Kurnool.
Operational performance has been on a weak footing for long, with little hope of turnaround even in the medium-term
Earlier this month, reports suggested that Centre could reduce its stake in the heavy equipment manufacturer to 26 per cent from 63.17 per cent as part of its strategic divestment.
The stake in BHEL may be pared in tranches to 26 per cent from 63.17 per cent now.
Stock recommendation by Religare Broking
BSNL has moved to impose a penalty recoverable from staff salary in proportion to non-achievement of targets
The state-run company earned Rs 34,600 crore in revenues in FY19, a meagre 16 per cent increase over FY16 when BHEL suffered its worst financial loss
State-owned engineering and manufacturing enterprise BHEL Tuesday said Nalin Shinghal has been appointed as its Chairman and Managing Director (CMD). "On his appointment as CMD of Bharat Heavy Electricals Limited (BHEL), Dr Nalin Shinghal, has assumed charge as CMD of India's largest engineering and manufacturing enterprise of its kind," BHEL said in a statement. Prior to joining BHEL, he was the Chairman and Managing Director of Central Electronics Limited (CEL). Shinghal holds a BTech degree in Electrical Engineering from IIT-Delhi and PGDM from IIM Calcutta. He has worked with the Indian Railways Traffic Service (IRTS) in various capacities in Operations, Commercial & Marketing functions and also with PSUs like CONCOR, IRCTC and CEL, in diverse areas. He has also worked with the Long Range Decision Support group of the Ministry of Railways.
The Nagarnar steel plan was conceived by the NMDC in 2009-10 and the contract to build raw material handling system was awarded to BHEL on August 1, 2011
The company has bagged the order from Nabinagar Power Generating Company Ltd (NPGCL), an NTPC unit
Fundamentals are improving, but managing working capital and order inflows will be tough
Shares of BHEL were trading 0.44 per cent higher at Rs 68.55 apiece on BSE
Total income rose to Rs 10,418.03 crore in March quarter from Rs 10,351.07 crore in the same period of 2017-18
BHEL has released Engineer/Executive Trainee exam 2019 admit card at careers.bhel.in. Here's a step-by-step procedure to download
State-run Bharat Heavy Electricals Ltd Monday said the company is setting up a network of solar-based electric vehicle chargers on the Delhi-Chandigarh highway. The project is covered under Department of Heavy Industry's FAME scheme (Faster Adoption and Manufacturing of (Hybrid) & Electric Vehicles in India). "The establishment of electric vehicle (EV) chargers at regular intervals over the entire 250 kms stretch between Delhi and Chandigarh would allay range-anxiety among the electric vehicle users and bolster their confidence for inter-city travel," BHEL said in a BSE filing. The first in the series of charging stations was inaugurated by A R Sihag, Secretary, Department of Heavy Industry (DHI), in the presence of Atul Sobti, Chairman & Managing Director, BHEL, in Haryana. BHEL said its scope of work in the project includes design, engineering, manufacturing, supply and installation of the EV charging stations along with a central monitoring system. "As part of its ...