Asserting that India is emerging as a bright spot, state-run BHEL’s head Atul Sobti has said the recent policy reforms and ease of doing business initiative of the government has improved the business scenario in the country.
Sobti, who presided over the 12th convocation of Motilal Nehru National Institute of Technology (MNNIT) Allahabad as the chief guest, in his convocation address said that “India is emerging as a bright spot while the youth of the nation are the crucial enablers”.
He added the recent policy reforms and ease of doing business initiative of the government has improved the business scenario in the country.
Sobti also informed the students that BHEL has made revolutionary contribution to the power and capital goods sectors in India.
BHEL earlier this month had said it has commissioned an all-time high power generation capacity of over 15,000 MW and booked new orders worth Rs 43,727 crore in 2015-16, the biggest in five years.
With the commissioning of 15 GW capacity last fiscal, the worldwide installed base of power generating equipment supplied by BHEL has exceeded 170 GW, it said.
This 15 GW includes the highest-ever power generation capacity addition of 13,061 MW to the Indian utility segment, a quantum jump of 59 per cent over the previous year.