Bharat Heavy Electricals Limited
 |
|
| Public | |
| Industry | Electrical equipments |
| Founded | 1964 |
| Founder | Government of India |
| Headquarters | New Delhi, India |
|
Area served
|
Worldwide |
|
Key people
|
Atul Sobti, (Chairman & MD) |
| Products | Gas and Steam Turbines, Boilers, Electric Motors, Generators, Heat Exchangers, Pumps, Switchgears, Sensors, Automation and Control Systems, Power electronics, Transmission systems etc. |
| Revenue | ₹26,350.60 crore (US$3.9 billion) (2016) |
| ₹-897.39 crore (US$−130 million) (Loss)(2016) | |
| Total assets | ₹75,242.57 crore (US$11 billion) |
| Total equity | ₹33,156.87 crore (US$4.9 billion) |
|
Number of employees
|
42,192(March 2016) |
| Website | www |
Bharat Heavy Electricals Limited (BHEL) owned by the Government of India, is an engineering and manufacturing company based in New Delhi, India. Established in 1964, BHEL is India's largest power plant equipment manufacturer. The company has been earning profits continuously since 1971-72 and paying dividends uninterruptedly since 1976-77.
It has been granted the prestigious Maharatna (big gem) status in 2013 by Govt of India for its outstanding performance.The elite list of maharatna contains another 6 behemoth PSU companies of India.
BHEL was established in 1964 Heavy Electricals (India) Limited was merged with BHEL in 1974. In 1982, it entered into power equipment, to reduce its dependence on the power sector. It developed the capability to produce a variety of electrical, electronic and mechanical equipments for all sectors, including transmission, transportation, oil and gas and other allied industries. In 1991, it was converted into a public limited company. By the end of 1996, the company had handed over 100 Electric Locomotives to Indian Railway and installed 250 Hydro-sets across India.
BHEL is engaged in the design, engineering, manufacturing, construction, testing, commissioning and servicing of a wide range of products, systems and services for the core sectors of the economy, viz. power, transmission, industry, transportation, renewable energy, oil & gas and defence.
It has a network of 17 manufacturing units, 2 repair units, 4 regional offices, 8 service centres, 8 overseas offices, 15 regional centres, 7 joint ventures, and infrastructure allowing it to execute more than 150 projects at sites across India and abroad. The company has established the capability to deliver 20,000 MW p.a. of power equipment to address the growing demand for power generation equipment.
BHEL has retained its market leadership position during 2015-16 with 74% market share in the Power Sector. An improved focus on project execution enabled BHEL record its highest ever commissioning/synchronization of 15059 MW of power plants in domestic and international markets in 2015-16, marking a 59% increase over 2014-15. With the all-time high commissioning of 15000 MW in a single year FY2015-16, BHEL has exceeded 170 GW installed base of power generating equipments.
It also has been exporting its power and industry segment products and services for over 40 years. BHEL's global references are spread across over 76 countries across all the six continents of the world. The cumulative overseas installed capacity of BHEL manufactured power plants exceeds 9,000 MW across 21 countries including Malaysia, Oman, Iraq, UAE, Bhutan, Egypt and New Zealand. Their physical exports range from turnkey projects to after sales services.
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