Page 14 - Bhel

BHEL bags Rs 200-cr railway order for traction converters

BHEL has already supplied 225 such IGBT-based traction converters, which are in operation with Indian Railways

Bhel-Kawasaki mull JV for metro coaches, propulsion system

The venture is likely to roll out in 2019-20, will boost turnover at Bhel's Bhopal unit by a third

Bhel turnaround story gathers momentum

Order execution is gaining pace and share of slow-moving orders is declining

BHEL posts Rs 138 cr profit in Q2FY17 after 14 quarters of negative topline growth

The company said strategic initiatives put in place by the new management have begun yielding results

BHEL: Some reduction in slow moving orders

SC order in favour of BHEL, Tangedco will result in monetisation of Rs 7,800 crore worth of projects

BHEL commissions another 660 Mw thermal unit in UP

In the past 15 months, the PSU has added 4,300 Mw of power generation capacity in the state

BHEL bags two R&M hydropower orders worth Rs 430 crore

Major equipment for these contracts will be manufactured and supplied by the company's plants in Bhopal, Jhansi and Bengaluru

BHEL commissions 15,059 Mw capacity in FY16

It achieved the highest order booking in the last five years

Operating leverage kicks in for BHEL

Rs 78 cr profit ahead of estimates; biggest surprise is sharp decline in slow-moving orders

Bhel Q1 net zooms 54% to Rs 77.77 crore

Total income increased from Rs 4,858.95 crore to Rs 5,871.78 crore for the quarter

BHEL commissions Unit-4 of Teesta Low Dam hydro power project

BHEL was entrusted with the Electrical & Mechanical works for four units of 40 MW each by NHPC Limited

BHEL bags Rs 169 crore order for solar photovoltaic power plant

Order comes after the firm bagged EPC orders from Neyveli Lignite Corporation and Bharat Electronics Ltd earlier this year

BHEL commissions 500 Mw Marwa Thermal Power station in Chhattisgarh

Located in Janjgir-Champa district, the plant has been set up by Chhattisgarh State Power Generation Company

BHEL bags Rs 437 crore order for solar power projects

With these new orders, the company's solar portfolio now stands at 300 MW

BHEL commissions 250 Mw eco-friendly power plant in Gujarat

This is the third 250 Mw unit based on CFBC technology commissioned by BHEL

BHEL's 'AAA' rating placed on watch

The agency expects to resolve the RWN during July 2016

BHEL commissions two hydel units in Afghanistan

In the execution of the Salma hydro project, the state-run company faced numerous challenges in the movement of men and material

BHEL commissions 195 MW unit at Muzaffarpur plant

BHEL is the leading supplier of coal-based main plant equipment to NTPC and its joint ventures

BHEL commissions 520 MW thermal power unit in AP

Unit has been commissioned at 2x520 MW Vizag thermal power project of HNPCL, Visakhapatnam

BHEL: Hopes of a recovery

The results posted on April 7 were an indication of what the Street could expect from Bharat Heavy Electricals Ltd (BHEL) for the March quarter. Therefore, the net profit announced on Friday for the quarter at Rs 360, down 60 per cent over a year, was no shocker. Net revenue, at Rs 9,792 crore, was down 26 per cent over a year, well below the Bloomberg estimate of Rs 10,786 crore. Operating margin is at an abysmal level of 3.7 per cent (19 per cent in Q4 of FY15). However, compared to the December 2015 quarter, when BHEL slipped into operating level losses, impacted by super-critical orders and provisioning for non-recoverable debt, a lot seems to have improved. While Q4, too, witnessed provisioning for debt, as other expenses stood at Rs 2,080 crore, the quantum of provisioning moderated (down 20 per cent over a year).Net profit in the March quarter stood at Rs 360 crore, ahead of the Bloomberg estimates of Rs 307 crore. Other income at Rs 414 crore (including foreign exchange gain of