Bharat Heavy Electricals Ltd:
Bharat Heavy Electricals Ltd (BHEL) is India’s top-graded manufacturer of power plant equipment, sustaining its position amongst the largest engineering and manufacturing firms of the country, reigning over the international market of the power sector with great recognition.
The company is propagating its business all around manufacturing, designing, engineering, construction and servicing of plenty of products and services related to the main-stream sectors of the market covering Power, Transportation, Defence, Renewable Energy, Telecommunication and Oil & Gas—catering the nation’s economy with strong support and backbone. The company is a public limited having certifications such as ISO 9000, ISO 9001-2000, ISO 14001 and OHSAS-18001.
The company is currently manufacturing 180 products with a pervasive network, consisting of 17 manufacturing divisions, 4 Regional Offices, 4 Overseas Offices, 15 Regional Marketing Centres, 2 Repair Units, 8 Service Centres, 4 Regional Offices and 6 Joint Ventures. The company has an international activity of operating its business in more than 82 countries. Bharat Heavy Electricals Limited was incorporated in 1964 and is headquartered in New Delhi, India.
About Company Information:
In January 1974, Bharat Heavy Electricals Ltd acquired Heavy electrical (India) Ltd. From 1982, BHEK started to develop its capacity for producing electrical, mechanical and electronic equipment for every sector including transportation, telecommunication, oil & gas and all other allied industries. The company emerged as a public limited firm in 1991.
A commercial HUDC transmission line between Rihand & Delhi with a capacity of 1500 MW was launched for the first time in India in 1992. In 1994 BHEL commissioned two 250 MW and one 500 MW boiler sat Maharashtra and Orissa respectively. In the same year, the company developed the largest fuel evaluation test facility of Asia at Tiruchi. Nation’s first 250 MW capacity consisting thermal plant was commissioned by the company at Dahanu power station in Maharashtra in 1995.
A joint venture was carried out between the company and General Electric in 1997, to form a firm namely Bhe-Ge Gas Turbine Services Private Limited for after-sales servicing General Electric designed gas turbines.For renovating and upgrading BHEL’s old hydro-electric power stations, the company had gone for an MoU with Bhakra Nangal Management Board in 2000. The MOU award for Excellence in Performance was achieved by BHEL in 2004-05. FICCI Award regarding environmental conservation and pollution control was achieved by BHEL in 2005-06 and the also ICWAI National Award for Excellence in Cost Management was won in 2005. Next year, in 2006, the same ICWAI National Award for Excellence in Cost Management was won by the company again.
An MoU took place between the company and Toshiba in May 2007. In April 2009, Raichur Power Corporation Ltd, a joint venture company of BHEL and Karnataka Power Corporation Limited (KPCL) was incepted for incorporating a supercritical thermal power plant in Karnataka. A joint venture between BHEL and Madhya Pradesh Power Generating Company Ltd, as started, a joint venture company namely Dada Dhuniwale Khandwa Power Ltd emerged for developing a 2x800MW supercritical thermal power plant at Khandwa.
A contract of Rs.2650 Million was won by the company from BPCL for Kochi Refinery project in 2013. ICAI National Award for Excellence in Cost Management was won by the company for the eighth consecutive year. The National Intellectual Property Award was won by the company in 2014. On March 2014, the company declared that it had touched a milestone of launching a 700 MW supercritical thermal unit, at Bellary Thermal Power Project in Karnataka.
The announcement of carrying out an agreement for technological collaboration with Japan’s Kawasaki Heavy Industries, Ltd. for manufacturing bogies and stainless steel coaches for metros was made on June 2017. In March 2018, a Technology Collaboration Agreement had been signed between BHEL and HLB Power, South Korea for manufacturing equipment of coal-fired power plants. At the same period, a Technology Transfer Agreement was carried between BHEL and ISRO for manufacturing space-grade Lithium-ion cells.
How Bharat Heavy Electricals Ltd, is categorized as Engineering Sector and Engineering - Heavy Industry:
The Indian Engineering sector has seen an extraordinary growth over the last few years inspired by increased investments in infrastructure and industrial production. The engineering sector is of decisive importance to India’s economy.
On its journey to becoming a global superpower, India has made meaningful strides towards the development of its engineering sector. The Government of India has designated the Engineering Export Promotion Council (EEPC) as the zenith body in charge of the promotion of engineering goods, products and services from India. The engineering sector in India draws immense interest from foreign players as it holds a comparative advantage in terms of production costs, technology and innovation.
Bharat Heavy Electricals Ltd, is categorized as Engineering Sector and Engineering - Heavy Industry. In modern industrial development, Engineering industries are considered as the backbone. These industries offer machines, tools and devices for enterprises and equipment for agriculture, transport, mining, etc. The product range varies from nuts and bolts to automobiles, industrial machinery, railway engines and coaches, aircraft, transmission towers, ships, and more.
The heavy engineering industries require a large number of components which they can't produce by themselves. This has lead to the growth of a large number of ancillary businesses. In India, the heavy engineering industries have emerged mostly after independence in the public sector.
Bharat Heavy Electricals Ltd, Competitors and Sector Peers:
Action Construction Equipment Ltd. ACTCON
Alfa Laval (India) Ltd. ALFLAV
Amradeep Industries Ltd. AMRIND
APS - Star Industries Ltd. APSST
ATV Projects India Ltd. ATVPRO
Bajaj Steel Industries Ltd. BAJSTE
Bharat Dynamics Ltd. BHADYN
Brady & Morris Engg Co Ltd. BRAMO
Chandni Machines Pvt. Ltd. CHAMAC
Chandni Textiles Engineering Industries Ltd. CHATEX
Eimco Elecon (India) Ltd. EIMELE
Elecon Engineering Company Ltd. ELEENG
Gujarat Apollo Industries Ltd. GUJAPO
Hindustan Aeronautics Ltd. HINDAE
Indian Card Clothing Company Ltd. INDICA
Integra Engineering India Ltd. SCHENG
International Combustion (India) Ltd. INTECO
ISGEC Heavy Engineering Ltd. SARIND
Jost's Engineering Company Ltd. JOSENG
Kabra Extrusion Technik Ltd. KABEXT
Kilburn Engineering Ltd. KILENG
Lakshmi Automatic Loom Works Ltd. LAKSAU
Lakshmi Machine Works Ltd. LAKMAC
Praj Industries Ltd. PRAIND
Sanghvi Movers Ltd. SANMOV
Skyline Millars Ltd. SKYMIL
Sterling Powergensys Ltd. STERST
Stovec Industries Ltd. STOVIN
Suzlon Energy Ltd. SUZENL
Techno Electric & Engineering Company Ltd. SIMWIN
Terruzzi Fercalx India Ltd. VULENG
Texmaco Rail & Engineering Ltd. TEXRAI
The Anup Engineering Ltd. ANVHEA
Titagarh Wagons Ltd. TITWAG
UB Engineering Ltd. UBENGL
Veejay Lakshmi Engineering Works Ltd. VEELAK
Walchandnagar Industries Ltd. WALIND
Wellman Incandescent India Ltd. WELINC
Windsor Machines Ltd. WINMAC
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