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Bharat Heavy Electricals Limited (BHEL) owned and founded by the Government of India, is

an engineering and manufacturingcompany based in New Delhi, India. Established in 1964,


BHEL is India's largest power generation equipment manufacturer. As of 2017, BHEL supplied
equipment contributed to about 55% of the total installed power generation capacity of India.

History[edit]
BHEL was established in 1964 ushering in the indigenous Heavy Electrical Equipment industry in
India. Heavy Electricals (India) Limited was merged with BHEL in 1974.[2] In 1991, BHEL was
converted into a public limited company. Over time, 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.[2] However, the bulk of the revenue of the
company is derived from sale of equipment for power generation such as turbines, boilers, etc.
As of 2017, BHEL supplied equipment contributed to about 55% of the total installed power
generation capacity of India.[3] The company has also supplied thousands of Electric Locomotives
to Indian Railway,[2] as well as defence equipment such as the Super Rapid Gun Mount (SRGM)
naval guns and Defence Simulators to the Indian Armed Forces.

Operations[edit]

BHEL manufactured locomotive

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.[4]
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.[5]

Manufacturing facilities[edit]
Major manufacturing facilities

1. High Pressure Boiler Plant (HPBP), Tiruchirappalli


2. Heavy Electrical Plant (HEP), Bhopal (year 1956 and work start from 1960)
3. Heavy Electrical Equipment Plant (HEEP), Ranipur (Haridwar)
4. Heavy Power Equipment Plant (HPEP), Hyderabad
5. Boiler Auxiliaries Plant (BAP), Ranipet
6. Transformer Plant (TP), Jhansi
7. Electronics Division (EDN), Bangalore
Other manufacturing facilities

 Electronic System Division (ESD), Bangalore


 Electro-Porcelains Division (EPD), Bangalore
 Industrial Valves Plant (IVP), Goindwal
 Central Foundry Forge Plant (CFFP), Ranipur (Haridwar)
 Component Fabrication Plant (CFP), Rudrapur
 Seamless Steel Tube Plant (SSTP), Tiruchirappalli
 Power Plant Piping Unit (PPPU), Thirumayam
 Heavy Plates & Vessels Plant (HPVP), Visakhapatnam
 Centralised Stamping Unit & Fabrication Plant (CSU & FP), Jagdishpur
 Insulator Plant (IP), Jagdishpur
 Heavy Equipment Repair Plant (HERP), Varanasi
 Electrical Machine Repaid Plant (EMRP), Mumbai
The company is also setting up a new Greenfield Power Equipment Fabrication Plant (GPEFP)
at Bhandara, Maharashtra, the foundation stone for which was laid on 14 May 2013. Further,
BHEL is planning to enter solar manufacturing in a big scale, as it has announced its plans for a
600 MW Solar Module Factory.[7]
Besides the above, the company has a number of offices across the country for sales,
engineering, project management, logistics and R&D.

Products and services[edit]

BHEL completes 50 years

BHEL manufactures the following products:-


 Thermal power Plants [8]
 Nuclear power Plants
 Gas based power Plants
 Hydro power Plants
 DG power Plants
 Boilers (steam generator)
 Boiler Auxiliaries
 Gas generator
 Hydro generator
 Steam turbine
 Gas turbine
 Hydro turbine
 Transformer
 Switchgear
 Oil field equipment
 Boiler drum
 Piping System
 Soot Blowers
 Valves
 Seamless Steel Tubes
 Condenser s and Heat exchangers
 Pumps
 Desalination and Water treatment plants
 Automation and Control systems
 Power electronics
 Transmission system control
 Semiconductor devices
 Solar photo voltaics
 Software system solutions
 Bus ducts
 Insulators
 Control panels
 Capacitors
 Bushings
 Electrical machines
 Electric Locomotives, DE Locomotives, Electric Multiple Units, Track Maintenance Machines
 DC, AC heavy duty Motors
 Compressors
 Control gears
 Traction motors
 Research and development products
 Bullet trains in collaboration with Kawasaki heavy industries

Shareholding and Senior Management[edit]


BHEL's equity shares are listed on Bombay Stock Exchange and National Stock Exchange of
India.
Central Government of India holds majority of the shares of BHEL.[9]

Shareholders (as on 31-March-2016) Shareholding[3][10]


Central Government of India 63.06%

Foreign Institutional Investors (FII) 13.95%

Banks, Financial Institutions, Insurance companies 15.68%

Mutual Funds and UTI 2.71%

Individual shareholders 3.19%

Others 1.41%

Total 100.00%

Top Management[11] (As of 1 March 2017)


Six "Functional Directors" headed by the Chairman and Managing Director ("CMD") comprise the
executive leadership of the company.
Functional Directors are also members of the Board of Directors. The CMD is the Chairman of
the Board.

Position Current Incumbent

Chairman and Managing Director Atul Sobti

Director (Power) Akhil Joshi

Director (Finance) T. Chockalingam

Director (Human Resources) D. Bandhopadhyay

Director (Industrial Systems and Products) Amitabh Mathur

Director (Engineering, Research & Development) Subrata Biswas


Awards and recognitions[edit]
 Appreciation shield (June 2016) by the External Affairs Minister Sushma Swaraj and the
Union Minister of Water Resources, River Development and Ganga Rejuvenation Uma
Bharati for successful commissioning of Salma Dam project in Afghanistan.[12]
 BHEL wins India Pride Award 2015-16 for Excellence in Heavy Industries.[13]
 It is the 7th largest power equipment manufacturer in the world.
 BHEL was adjudged the Best Power Equipment Manufacturing Organisation by CBIP [14]
 The company bagged PSE Excellence Award 2014 for R&D & Technology Development
 BHEL received the National Intellectual Property Award 2014 and WIPO Award for
Innovative Enterprises [15]
 In 2014, BHEL won ICAI National Award for Excellence in Cost Management for the ninth
consecutive year.[16]
 BHEL received two awards in CII-ITC Sustainability Awards 2012 from the President of
India.[17]
 In the year 2011, it was ranked ninth most innovative company in the world by US business
magazine Forbes.[18]
 The company won the prestigious ‘Golden Peacock Award for Occupational Health & Safety
2011’ for significant achievements in the field of Occupational Health & Safety.[19]
 It is also placed at 4th place in Forbes Asia's Fabulous 50 List of 2010.[20]
 BHEL wins MoU Excellence Award for the year 2006–07 for the highest growth rate in
Market Capitalization.[21]

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