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Wednesday, December 19, 2007

BHEL News

As part of its manufacturing capacity expansion to 15,000 MW per annum in the next two years, Bharat Heavy Electricals Ltd (BHEL) is setting up a new fabrication plant and a central stamping unit at Jagdishpur in Uttar Pradesh. The new units are being set up by BHEL at a cumulative initial investment of Rs 306 crore. The plant would produce around 25,000 tonne per annum, including about 16,000 tonne of structures of boilers for direct dispatch to power plant sites in the eastern and northern regions.

The plant will become fully operational in three years. A financial turnover of about Rs 270 crore is envisaged for the plant in the stabilised year of production. The central stamping unit is being set up to meet the increased requirement of stampings, a critical part of electrical machines, on account of increasing demand for generators and electrical motors. Currently, stampings are being manufactured in the Bhopal, Hyderabad and Haridwar units of BHEL with a total installed capacity of about 77 lakh stampings per annum. The demand for stampings is estimated to go up to 130 lakh per year by 2010-11.

News from Ventura Securities....

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