State-owned power equipment maker BHLE has further consolidated its global presence with two more countries added to its export list -- Chile and Estonia.
According to the statement, with maiden orders for transformer bushing from Niquel Electric, Chile, and Electronic cards from SCANFIL OY Vana Sauga, Estonia, BHEL has now expanded its global imprint to 82 countries across all the six inhabited continents.
BHEL is continuously aligning its export strategy in line with global dynamics. Persistent efforts towards globalisation have led to BHEL securing the highest ever export orders of over Rs 10,000 crore from 23 countries in 2016-17.
The company secured its largest ever export order for setting up the 1,320 mw (2x660 mw) Maitree Super Thermal Power Project in Bangladesh, winning against stiff international competitive bidding. This is BHEL's largest power project order in the international market.
Recently, BHEL also forayed into two other countries in Africa -- Togo and Benin.
BHEL is making concerted efforts to tap available opportunities in the overseas market.
Currently, the company is focusing on expanding its global presence through market expansion and penetration. It is favourably placed in opportunities in Africa, including a combined cycle power plant in Tanzania and a hydro power plant in Zimbabwe.
These projects are nearing financial closure and BHEL expects to secure these orders soon. The company is also focusing on providing after-sales support to its customers in existing overseas projects.
As an integrated power plant equipment manufacturer with over 50 years of experience and having installed over 170 gw capacity globally, BHEL is engaged in the execution of all types and ranges of power equipment, in addition to supplying products and systems to other major infrastructure sectors of the economy.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)