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Bhel-Haridwar clocks `385 cr annual profit

Bhel-Haridwar clocks `385 cr annual profit
Bhel’s Heavy Electrical Equipment Plant (HEEP) at Haridwar, one the technology giant’s major manufacturing units, has become the first company in India to indigenously manufacture supercritical thermal sets of up to 800 mw rating. 

During financial year 2014-15, HEEP successfully manufactured India’s first 800 mw turbo generator and first 800 mw supercritical HP Turbine module for the Yeramarus power project in Karnataka; and the first 700 mw nuclear turbo generator for the Kalpakkam Atomic power plant. The 660-mw super critical thermal set manufactured at HEEP for the Barh power project in Bihar was also successfully synchronised with the grid and achieved full load. Despite last fiscal’s difficult business environment, HEEP achieved a turnover of Rs 3,541 crore and a profit before tax (PBT) of Rs 385 crore. With respect to physical performance, it manufactured 41 turbine modules totaling 5,113 MW, nine  turbo generators of different ratings worth 5,865 mw and six condensers during fiscal 2014-15. In spite of stiff global competition and tough conditions in the power sector, HEEP has orders worth Rs 12,361 crore in hand for execution. As part of its technology upgradation programme, HEEP has achieved full capability to manufacture all types of modules of supercritical turbines of rating 660 mw and above. Also, for transporting 660 mw turbo generators through railways, HEEP has designed a new rail wagon jointly with RDSO-Lucknow, which will be manufactured by Bhel-Jhansi. The turbo generator for the Prayagraj Bara project has been dispatched using this wagon.

During the year 2014-15, the Bhel unit at Haridwar spent a record Rs 89 crore for research & development (R&D) on new products and processes. HEEP developed and manufactured, for the first time, hydrogen coolers for 800 mw and 660 mw thermal sets for the Yeramarus and Mauda power projects respectively.

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