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Thursday, April 8, 1999
BHEL southern region bags orders worth Rs 865 cr
Our Bureau
Chennai, Apr 7: The state-owned BHEL's power sector (southern region) had bagged orders worth Rs 865 crore during 1998-99 as against Rs 350 crore in 1997-98, its general manager AN Jagadeeswaran has said.He told reporters here on Tuesday that orders worth Rs 700 crore were on the anvil. The southern region had registered a growth rate of 25 per cent, which, he claimed, was `very impressive' for a public sector unit. The region had bagged a prestigious Rs 2000 crore order for supply of boilers for the the 1000 mw thermal plant at Simhari in Andhra Pradesh. The project was funded by the overseas economic co-operation fund and was secured against stiff international competition, he said. This was BHEL'S single largest order and was also the first turnkey order for a 2 x 500 mw project. It had also bagged the 108 mw combined cycle power plant by the Tamil Nadu Electricity Board at Kovilkalappal village in an international competitive bidding, he said. The region registered a 50 per cent increase in pre taxprofits and 68 per cent increase in turnover compared to the previous year, he said. Copyright © 1999 Indian Express Newspapers (Bombay) Ltd.

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