Bharat Heavy Electricals Ltd (BHEL) is an integrated power plant equipment manufacturer and one of the largest engineering and manufacturing companies in India. The company is also one of the leading international companies in the power field. The company is engaged in the design engineering manufacture construction testing commissioning and servicing of a wide range of products and services for the core sectors of the economy viz. Power Transmission Industry Transportation Renewable Energy Oil & Gas and Defence. The company is a ISO 9000 ISO 9001-2000 ISO 14001 and OHSAS-18001 certified public sector corporate situated in New Delhi.The company offers over 180 products and provides systems and services to meet the needs of core sectors like power transmission industry transportation oil & gas non-conventional energy sources and telecommunication. They have a wide-spread network comprising 17 Manufacturing Divisions 2 Repair Units 4 Regional Offices 8 Service Centres 4 Overseas Offices 6 Joint Ventures 15 Regional Marketing Centres besides a large number of project sites spread all over India and abroad. This enables them to be close to its customers and cater to their specialized needs with total solutions - efficiently and economically. BHEL also has a widespread overseas footprint in 82 countries across all the six continents with cumulative overseas installed capacity of BHEL manufactured power plants nearing 10000 MW including Belarus Bhutan Egypt Indonesia Iraq Kazakhstan Malaysia New Zealand Oman Rwanda Sudan Tajikistan and UAE.Bharat Heavy Electricals Ltd was incorporated in the year 1964 ushering in the indigenous Heavy Electrical Equipment industry in India. The company received MOU Award for Excellence in Performance for 2004-05. They won International Asia Pacific Quality Award (IAPQA 2005) from the International Asia Pacific Quality Organization (APQO) for their Ranipet Unit. The company was the first engineering & Manufacturing organization as well as the first PSU in the country to received this award. During the year 2005-06 the company got FICCI Award for environmental conservation and pollution control ICWAI National Award for Excellence in Cost Management-2005. During the year 2006-07 the company was conferred again the same ICWAI National Award for Excellence in Cost Management-2006. The company was qualified for the Business Standard Star Public Sector Company Award-2006 and also the CII Exim Award. The company is the first public sector company to receive the CII Exim award.In April 2007 the company opened a new line of business in the form of Gas Insulated Substations (GIS). The corporate R&D department of the company successfully developed an indigenous GIS. They also bagged the first letter of intent from the Andhra Pradesh Transmission Corporation (APTransco) for installing the first unit in the state. In May 2007 the company signed a MoU with Toshiba of Japan for know-how in higher horsepower locomotives. In August 2007 Uttar Pradesh government and BHEL came to an agreement for setting a 1600 Mw thermal power project at Obra. The project has divided into two units of 800 Mw each. The cost of the project is estimated to be Rs 6400 crore or Rs 4 crore per Mw. The deal covered 50 per cent equity participation by the BHEL and the rest by UP state government. DVC awarded turnkey contracts for setting up Koderma and Durgapur Steel thermal power stations of 1000 MW each to BHEL worth of Rs 6500 crore. In September 10 2007 NTPC Ltd and the company signed an MoU to form a joint venture company to carry out engineering procurement and construction (EPC) activities in the power sector on 'mutually beneficial terms'.In December 2007 the company completed Phase I of its latest modernization drive with an investment of Rs 190 crore to take their manufacturing capacity to 10000 MW from 6000 MW a year. In April 28 2008 the company and NTPC Ltd incorporated a joint venture company namely NTPC - BHEL Power Projects Pvt Ltd (NBPPPL) for carrying out EPC activities in the power sector.In September 1 2007 the company and PTC incorporated a joint venture company namely Barak Power Pvt. Ltd. In December 26 2008 the company in association with TNEP incorporated a joint venture company name Udangudi Power Corporation Ltd to build own and operate a 1600 MW (2x800 MW) Super Critical Thermal Power Plant at Udangudi.In April 15 2009 the company promoted a joint venture company namely Raichur Power Corporation Ltd with Karnataka Power Corporation Limited (KPCL) for setting up Supercritical Thermal Power Plant at Karnataka on build own and operate basis.In February 25 2010 the company promoted a joint venture company namely Dada Dhuniwale Khandwa Power Ltd with Madhya Pradesh Power Generating Company Ltd (MPPGCL) for setting up of a 2x800MW Supercritical Thermal Power Plant at Khandwa Madhya Pradesh on build own and operate basis.In July 2010 GE signed a 10-year licensing agreement with the company. According to the agreement signed through GE Oil & Gas` Italian entity Nuovo Pignone GE's advanced range of high performance high efficiency centrifugal compressors will be manufactured under license at BHEL`s production site in Hyderabad India for sale in India and in other South Asian territories.In September 8 2010 the company signed a joint venture agreement with Government of Kerala for forming a joint venture company to acquire the Kasargod Unit of KEL which manufactures alternators for Railway Applications and other industrial Applications. In January 19 2011 the company incorporated BHEL Electrical Machines Ltd with the company holding the majority stake of 51% and Government of Kerala retaining 49%.In 2011 the company bagged Rs.37829 Million Mega Contract for installing 2x660 MW Supercritical Thermal Sets from Dainik Bhaskar Power Limited. The company also bagged major contract for 1200 MW Thermal Power Plant. Singareni Collieries also placed Rs.40710 Million Mega Contract for setting up thermal power plant in Andhra PradeshIn 2012 the company developed India's first Ultra High Voltage AC 1200 kV Transformer successfully commissioned. The company signs Rs.6300 Million Contract with Abhijeet Projects Limited for setting up a 300 MW Thermal Power Plant in Visakhapatnam. The company bags contract for installing 160 MW Combined Cycle Power Plant at Ramgarh in Rajasthan. The company wins major contract for 500 MW thermal power plant; NTPC reposes confidence places Rs.1143 Crore order for setting up thermal unit at Vindhyachal. The company receives Rs.9500 Million Mega Contract for 1020 MW Hydroelectric Project in Bhutan. The company Signs MoU with Govt. of Tajikistan for setting up a 100 MW Hydro-Electric Power Project in the Republic of Tajikistan.In 2013 the company wins Rs.2650 Million contract from BPCL for Kochi Refinery project. The company wins ICAI National Award for Excellence in Cost Management for the eighth consecutive year. BHPV Merges with the company and becomes Seventeenth Unit of the company. The company wins Rs.25690 Million Steam Generator Package Contract for 2x500 MW Lignite-fired Power Project. The company bags main plant package contract for 500 MW thermal power plant. The company is conferred BGR-ENERTIA Commemoration Award for Technology Enterprise Innovation - Conventional Energy. The company's first Supercritical Thermal Unit at Barh adds 660 MW to India's Power Generating Capacity. The company bags PSE Excellence Award 2013 for RnD Technology Development and Innovation. The company also wins India Pride Award 2013 for Excellence in Heavy Industries. BHEL wins Rs.10230 Million Turbine Generator Package OrderIn 2014 the company won order for 206 MW Hydro Electric Project in Punjab. The company also won highest ever Mega EPC Contract for 3x660 MW Supercritical Power Project. The company bags Rs.30000 Million mega contract for 2x800 MW Supercritical Boilers against stiff International Competition. The company wins order for 120 MW Hydro Electric Project in Uttarakhand. The company wins DSIJ Award 2013 for the Most Efficient Maharatna PSU. The company bags National Intellectual Property Award 2014. The company signs MoU for setting up Renewable Energy Projects in Yemen. The company bags World Intellectual Property Organisation (WIPO) Award for Innovative Enterprises. The company achieves milestone in the Middle East market with the commissioning of another Gas Turbine-based Power Plant in Oman. The company commissions 600 MW Thermal Unit in Odisha. The company and BGGTS achieve major milestone Successfully overhaul 104 MW Gas Turbine Generator Unit 1 at Pragati Power Project in record time. Rajasthan gets new Power Generating unit with the commissioning of 250 MW Coal-based thermal power plant by BHEL at Chhabra. The company achieves another Milestone with the successful Renovation Modernisation and Uprating of 110 MW Unit Working Life Extended by 15-20 Years. The company bags India Today Best Maharatna PSU Awards for Global Presence & Innovation & R&D. The company achieves major breakthrough Wins country's first ever EPC contract for 800 MW rating Supercritical Power Project. The company also bags EPC contract for 2x660 MW rating Supercritical Power Project. The company wins order for 444 MW Hydro Electric Project. In Uttarakhand the company wins contract for supply and installation of ESP package for 2x800MW Darlipali Supercritical Thermal Power Project. The company achieves another Milestone with Successful Renovation and Modernisation (R and M) of 110 MW Unit at Muzaffarpur Thermal Power Station; Working Life Extended by 15-20 Years. The company wins ICAI National Award for Excellence in Cost Management for the ninth consecutive year. The company bags PSE Excellence Award 2014 for R and D and Technology DevelopmentIn 2015 the company has commissioned its fourth 270 MW coal based thermal power plant at RattanIndia Power Limited Nandgaonpeth in Amravati Maharashtra. The company bags contract for 1080 MW Manuguru Thermal Power Project from TSGENCO. The company has secured an order worth Rs 5000 crore for setting up a 4x270 MW thermal power plant in the state of Telangana. President of Rwanda inaugurates Hydro Electric Plant set up by the company in Rwanda. The company has successfully constructed and commissioned the 28 MW Nyaborongo-1 hydro electric power plant in the African Region. The company Wins worth Rs.225 crors Order for 120 MW Hydro Electric Project in West Bengal. The company Commissions 660 MW Supercritical Thermal Unit in Bihar. The company commissions another 270 MW Thermal Unit in Maharashtra. The company has won worth Rs 3810 crore order for setting up the 1x800 MW Supercritical Thermal power plant in Telangana. The company wins Power Cycle Piping package contract for revival of NTPC'S 3x660 MW Barh Super Thermal Power Proiect Stage-I. The company bags Rs. 1202 Crore Order for 370 MW Gas-based Combined Cycle Power Project. The company secures its single largest order worth Rs 17950 cr. The company has inked a Memorandum of Understanding (MoU) with INTMA with an to set up a gas-based power project in Kazakhstan. The company also signs three strategic MoUs in Kazakhstan.On 4 March 2016 BHEL announced that it has achieved a significant milestone by successfully commissioning its first 700 MW supercritical thermal unit at Bellary Thermal Power Project in Karnataka. On 7 April 2016 BHEL announced that the company recorded the highest ever commissioning of projects of 15059 MW in a single year in the fiscal 2015-16. On 25 May 2016 BHEL announced that it has successfully commissioned the first 800 MW Supercritical thermal unit in Karnataka which is also the highest rating unit in the state. On 3 October 2016 BHEL announced that it has achieved another milestone in its services business by securing two Renovation & Modernization (R&M) contracts of Hydro Electric Plants (HEPs). Against stiff international competition the company won prestigious orders worth around Rs 430 crore for the R&M of the 6x60 MW Balimela HEP of Odisha Hydro Power Corporation Limited (OHPC) and the 3x60 MW Bairasiul HEP of National Hydro Power Corporation Limited (NHPC).On 15 November 2016 BHEL announced that it has achieved yet another milestone in expanding and consolidating its footprint in the international market by securing export orders for supply of industrial motors to Togo and Benin. Scancem International DA Norway (Heidelberg Cement group) has placed the order for the motors for their cement plants Ciments Du Togo S.A. & Cimbenin S.A Benin.On 20 January 2017 BHEL inaugurated state-of-the-art 200 MW Solar Photovoltaic Module Manufacturing Line and upgraded 105 MW Solar Photovoltaic Cell Manufacturing Line at its Bengaluru based manufacturing plants. With the commencement of commercial operation of these lines the annual manufacturing capacity of BHEL has been enhanced to 105 MW of Solar Cells and 226 MW of Solar Modules. On 24 January 2017 BHEL announced that the company in partnership with ABB has secured a landmark order from Power Grid Corporation of India. BHEL's scope of work is valued at Rs 1360 crore.On 7 March 2017 BHEL signed a Memorandum of Understanding (MoU) with National Environmental Engineering Research Institute (NEERI) for joint working on projects related to water and waste water treatment in the municipal segment. On 15 March 2017 BHEL announced that it has commenced commercial operation of its first 800 MW unit - highest-rating coal-based supercritical thermal power plant. The milestone was achieved for the first unit of the 2x800 MW Yeramarus thermal power station of Raichur Power Corporation Limited (RPCL) in Raichur district of Karnataka. Significantly the commercial operation of this unit marks BHEL's foray as a developer into the field of power generation. Karnataka Power Corporation Ltd. (KPCL) and BHEL are the main equity partners of RPCL the owner and operator of this power plant.On 5 April 2017 BHEL announced that it has achieved a capacity addition of 45274 MW of utility sets during the 12th five year plan surpassing the Government's capacity addition target by 9%. Notably BHEL's capacity addition during the 12th five year plan was 78% higher than that in the 11th plan.On 25 April 2017 BHEL announced that its largest ever export order valued at Rs 10000 crore for setting up 1320 MW (2x660 MW) Maitree Super Thermal Power Project in Bangladesh has taken-off following the issuance of the Notice To Proceed by the developer. The order has been secured from Bangladesh India Friendship Power Company (Pvt.) Limited (BIFPCL) a 50:50 JV company of NTPC India and BPDB Bangladesh. On 29 June 2017 BHEL announced that it has entered into a Technology Collaboration Agreement with Kawasaki Heavy Industries Ltd. (KHI) Japan for the manufacture of stainless steel coaches and bogies for metros. The agreement covers establishing state-of-the-art design engineering and manufacturing facilities at BHEL India using Japanese technology. Significantly it will also entitle BHEL for all technology advances and upgrades as well.On 8 August 2017 BHEL announced its maiden order win in Chile and Estonia. With maiden orders for transformer bushing from Niquel Electric Ltda. Chile and Electronic cards from SCANFIL OY Vana Sauga Estonia BHEL has now expanded its global footprint to 82 countries across all the six inhabited continents.The Board of Directors of BHEL at its meeting held on 10 August 2017 recommended issue of bonus shares in the ratio of 1 bonus equity share for every 2 existing equity shares held on record date.On 23 October 2017 BHEL announced that it has commenced the execution of the 4000 MW Yadadri Supercritical Thermal Power Project (TPP). Significantly the order valued at approximately Rs 20400 crore comprising five units of 800 MW supercritical sets is not only the single-largest order for BHEL but also the highest value order ever placed in the power sector in India. The Yadadri project will be executed on fast track basis by BHEL in line with the company's strategy of focusing on revival of held up projects and their speedy execution. The Yadadri project will lead to a quantum jump in BHEL's executable outstanding order book and will help the company to enhance its growth momentum.On 12 December 2017 BHEL achieved yet another milestone in the South East Asian region with the successful commissioning of a 54 MW coal-fired captive power project in Indonesia.On 9 March 2018 BHEL announced that it has won a Rs 11700 crore order for setting up a 3x800 MW supercritical thermal power plant in Jharkhand. The order has been placed on BHEL by Patratu Vidyut Utpadan Nigam Limited (PVUNL) - a subsidiary of NTPC Ltd. in Joint Venture with Jharkhand Bijli Vitran Nigam Limited. Significantly this is the single largest order ever placed by NTPC or its subsidiaries and the second largest order ever won by BHEL. On 21 March 2018 BHEL announced that it has entered into a Technology Collaboration Agreement (TCA) with HLB Power Republic of Korea for in-house design and manufacture of Large size Gates and Dampers for use in coal fired power plants to be commissioned or retrofitted with high capacity emission control equipment. BHEL has been supplying conventional Gates and Dampers manufactured at its Boiler Auxiliaries Plant Ranipet for over three decades. This TCA will help in establishing the capability for in-house design manufacture and testing of very large size Gates and Dampers.On 23 March 2018 BHEL announced that it has entered into a Technology Transfer Agreement with Indian Space Research Organisation (ISRO) for the manufacture of space-grade Lithium-ion cells of various capacities utilising the technology developed by ISRO at its Vikram Sarabhai Space Centre (VSSC). This transfer of technology will enable BHEL to manufacture Lithium-ion cells in-house for ISRO and other suitable applications. The Lithium-ion technology can also be further extended for use in the emerging areas of energy storage and e-mobility. BHEL will set up a state-of-the-art facility for manufacturing these cells at its Bengaluru unit.On 26 March 2018 BHEL announced that it has won an order for setting up a 75 MW Solar Photovoltaic (SPV) Power Plant on Engineering Procurement and Construction (EPC) basis in Gujarat. Significantly this will be BHEL's largest Solar PV project till date.On 28 March 2018 BHEL announced its foray into lake purification under Smart City segment by bagging a prestigious order for purification of Telibandha Lake from Raipur Smart City Limited (RSCL) including Operation & Maintenance for five years thereafter. This is the first ever order of its kind from the Smart Cities segment using Phytorid Technology developed by the National Environmental Engineering Research Institute (NEERI) under the Council of Scientific & Industrial Research (CSIR) which is an environment friendly technology.