Bhel filed one patent app every day last fiscal
6 Jun 2013 11:58 PM GMT
With as many as 385 filings, state-run Bharat Heavy Electricals Ltd on an average filed one patent application every day in the last fiscal.
The count of applications for patents/copyrights in previous financial year saw an increase of 10 per cent compared to 2011-12 period.
'During the year (2012-13), a record 385 patents and copyrights were filed by the company, translating into filing of over one patent/copyright every working day,' BHEL said in a statement on Thursday.
BHEL, which is primarily into manufacturing power equipment, invested about Rs 1,252 crore on R&D initiatives in 2012-13 period.
'Commercialisation of products and systems developed by way of in-house Research and Development contributed around 20 per cent to the company's total turnover of Rs 50,156 crore in 2012-13,' the statement said.
According to the company, 145 technology plans with over 1,500 R&D projects have been identified for establishing self ultra super critical plants, renewable energy and among others.
The count of applications for patents/copyrights in previous financial year saw an increase of 10 per cent compared to 2011-12 period.
'During the year (2012-13), a record 385 patents and copyrights were filed by the company, translating into filing of over one patent/copyright every working day,' BHEL said in a statement on Thursday.
BHEL, which is primarily into manufacturing power equipment, invested about Rs 1,252 crore on R&D initiatives in 2012-13 period.
'Commercialisation of products and systems developed by way of in-house Research and Development contributed around 20 per cent to the company's total turnover of Rs 50,156 crore in 2012-13,' the statement said.
According to the company, 145 technology plans with over 1,500 R&D projects have been identified for establishing self ultra super critical plants, renewable energy and among others.
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