Bhel commissions 15,059 mw capacity in FY16
State-owned electrical equipment maker BHEL today said it commissioned a record 15,059 mw of power generating capacity in 2015-16 which otherwise was an "extremely challenging" year.
"In spite of fiscal 2015-16 being an extremely challenging year, Bharat Heavy Electricals Ltd (BHEL) has recorded the highest-ever commissioning of projects in its history and the highest order booking in the last five years in fiscal 2015-16, ending the year with significant traction in growth drivers," the company said in a statement.
Addressing shareholders, BHEL Chairman and Managing Director Atul Sobti said, "Enhanced focus on project execution has resulted in BHEL creating history by way of commissioning/synchronizing an all-time high 15,059 MW of power generating equipment during the year."
Despite intense competitive pressure in the power and capital goods markets during the year, BHEL achieved the highest order booking in the last five years, at Rs 43,727 crore, a 42 per cent leap over 2014-15.