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Bharat Heavy Electricals Limited (BHEL) owned by the Government of India, is a power plant equipment manufacturer and operates as engineering and manufacturing company based in New Delhi, India. Established in 1964, BHEL is India's largest engineering and manufacturing company of its kind. The company has been earning profits continuously since 1971-72 and paying dividends uninterruptedly since 1976-77. Bharat Heavy Electricals Limited (BHEL) (www.bhel.com) is a premier engineering and manufacturing organization with majority share holding by Govt. of India. BHEL offers a wide spectrum of products and services to the core infrastructure sectors of Indian economy viz. Power Generation, Transmission, Industry, Transportation and Renewable Energy. BHEL has been in this business for more than five decades now. In India, BHEL has 14 manufacturing units, 4 power sector regions, 8 service centers and 15 regional offices besides host of project sites spread all over India and abroad. BHEL-supplied equipments account for more than 65% of the total installed generating capacity in India and contribute approximately to 73% of the total power generation in the country.
COMPANY PROFILE:
Stock price: BHEL (NSE) Rs. 106.00 -1.60 (-1.49%)
8 Mar, 2:17 PM IST - Disclaimer
Headquarters: New Delhi
CEO: AtulSobti
Founder: Government of India
Founded: 1964
Revenue: 411.9 billion INR (2014)
Net income: 35.03 billion INR (2014)
Total assets: 752.4 billion INR (2014
HISTORY:
BHEL was established in 1964. Heavy Electricals (India) Limited was merged with BHEL in 1974. In 1982, it entered into power equipment, to reduce its dependence on the power sector. 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. In 1991, it was converted into a public limited company. By the end of 1996, the company had handed over 100 Electric Locomotives to Indian Railway and installed 250 Hydro-sets across India.

OPERATIONS: 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 defense. It has a network of 17 manufacturing units, 2 repair units, 4 regional offices, 8 service centers, 8 overseas offices, 15 regional centers, 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. BHEL has retained its market leadership position during 2013-14 with 72% market share in the Power Sector. An improved focus on project execution enabled BHEL record its highest ever commissioning/synchronization of 13,452 MW of power plants in domestic and international markets in 2013-14, marking a 30% increase over 2012-13. The company has added more than 1, 24,000 MW to the country's installed power generating capacity so far. It also has been exporting its power and industry segment products and services for over 40 years. BHEL's global references are spread across over 76 countries across all the six continents of the world. The cumulative overseas installed capacity of BHEL manufactured power plants exceeds 9,000 MW across 21 countries including Malaysia, Oman, Iraq, UAE, Bhutan, Egypt and New Zealand. Their physical exports range from turnkey projects to after sales services COMPITATORS: * ACTION CONSTRUCTION EQUIPMENT LTD * ALPHA LEVEL INDIA LTD * AMRADEO INDUSTRIES * APS-STAR INDUSTRIES Main manufacturing facilities: * Centralized Stamping Unit & Fabrication Plant (CSU & FP), Jagdishpur * Insulator Plant (IP), Jagdishpur * Electronics Division (EDN), Bangalore * Industrial Systems Group (ISG), Bangalore * Electro-Porcelains Division (EPD), Bangalore * Heavy Electrical Plant (HEP), Bhopal * Industrial Valves Plant (IVP), Goindwal * Heavy Electrical Equipment Plant (HEEP), Ranipur (Haridwar) * Central Foundry Forge Plant (CFFP), Ranipur (Haridwar) * Heavy Power Equipment Plant (HPEP), Hyderabad * Transformer Plant (TP), Jhansi * Boiler Auxiliaries Plant (BAP), Ranipet * Component Fabrication Plant (CFP), Rudrapur * High Pressure Boiler Plant (HPBP), Tiruchirappalli * Seamless Steel Tube Plant (SSTP), Tiruchirappalli * Power Plant Piping Unit (PPPU), Thirumayam * Heavy Plates & Vessels Plant (HPVP), Visakhapatnam

Products and services: * Thermal power Plants * Nuclear power Plants * Gas based power Plants * Hydro power Plants * DG power Plants * Boilers (steam generator) * Control gears * Traction motors * Research and development products | * 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 | * Power electronics * Transmission system control * Semiconductor devices * Solar photo voltaic * Software system solutions * Bus ducts * Insulators * Control panels * Capacitors * Bushings * Electrical machines * DC, AC heavy duty Motors Compressors |

AWARDS AND RECOGNITION: * It is the 7th largest power equipment manufacturer in the world. * BHEL was adjudged the Best Power Equipment Manufacturing Organization by CBIP * 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 * In 2014, BHEL won ICAI National Award for Excellence in Cost Management for the ninth consecutive year * BHEL received two awards in CII-ITC Sustainability Awards 2012 from the President of India * In the year 2011, it was ranked ninth most innovative company in the world by US business magazine Forbes * The company won the prestigious ‘Golden Peacock Award for Occupational Health & Safety 2011’ for significant achievements in the field of Occupational Health & Safety. * It is also placed at 4th place in Forbes Asia's Fabulous 50 List of 2010

Research and development:
BHEL's investment in R&D is amongst the largest in the corporate sector in India.
During the year 2012-13, the company invested about Rs. 1,252 Crore on R&D efforts, which corresponds to nearly 2.50% of the turnover of the company, focusing on new product and system developments and improvements in existing products for cost competitiveness, higher reliability, efficiency, availability and quality etc. To meet customer expectations, the company has upgraded its products to contemporary levels through continuous in-house efforts as well as through acquisition of new technologies from leading engineering organizations of the world. The IPR (Intellectual Property Rights) capital of BHEL grew by 21.5% in the year, taking the total to 2170.
The Corporate R&D division at Hyderabad leads BHEL’s research efforts in a number of areas of importance to BHEL’s product range. Research & product development (RPD) Groups for each product group at the manufacturing divisions play a complementary role. BHEL has established Centers of Excellence for Simulators, Computational Fluid Dynamics, Permanent Magnet Machines, Surface Engineering, Machine Dynamics, Centre for Intelligent Machines and Robotics, Compressors & Pumps, Centre for Nano Technology, Ultra High Voltage Laboratory at Corporate R&D; Centre of Excellence for Hydro Machines at Bhopal; Power Electronics and IGBT & Controller Technology at Electronics Division, Bangalore, and Advanced Fabrication Technology and Coal Research Centre at Tiruchirappalli.
BHEL has established four specialized institutes, viz., Welding Research Institute (WRI) at Tiruchirappalli, Ceramic Technological Institute (CTI) at Bangalore, Centre for Electric Traction (CET) at Bhopal and Pollution Control Research Institute (PCRI) at Haridwar. Amorphous Silicon Solar Cell plant at Gorgon pursues R&D in Photo Voltaic applications.[16]
Significantly, BHEL is one of the only four Indian companies and the only Indian Public Sector Enterprise figuring in 'The Global Innovation 1000' of Booz & Co., a list of 1,000 publicly traded companies which are the biggest spenders on R&D in the world.

Technical Specifications and Scope of Work: Plan | Technical specification | Scope of work | A. | To establish manufacturing facilities for IGBT Modules through encapsulation of IGBT chips: 1. Location of facility: Bangalore.2. Plant capacity: 20,000-Nos per annum 3. Ratings of IGBT modules: VCE : 1200V, 1700V, 2500V, 3300V, 4500V, 6500V IC : 400-1200A | 1. Supply of product design information (datasheets, drawings and specifications of components and materials) 2. Supply of process technology information (Manufacturing, Testing and Quality protocols) 3. Supply of technical and vendor information on manufacturing and testing equipment. 4. Supply of technical information on service facilities. 5. Supply of IGBT chips and components required for encapsulation. 6. Training of BHEL personnel in manufacturing and testing of IGBT modules | B. | To establish manufacturing facilities for discrete power semiconductor diodes and phase control thyristors. 1. Location of facility: Bangalore.2. Plant capacity: 30,000 No’s per annum3. Technical specification: a) Construction types: Stud-type, Square-base, Capsule b) Ratings: (URRM, IFAV) Diodes: 1400-6000V/ 250A – 4000A Thyristors: 1400-8500V/ 300A – 4000A c) Sizes of Elements (chips): Diode elements: φ19 to φ100-mm; Thyristors elements: φ25 to φ125-mm. | 1. Supply of product design information (datasheets, drawings and specifications of components and materials2. Supply of process technology information (Manufacturing, Testing and Quality protocols) 3. Supply of technical and vendor information on manufacturing and testing equipment. 4. Supply of technical information on service facilities. 5. Training of BHEL personnel in manufacturing and testing of discrete diodes and phase control thyristors. | C. | To establish manufacturing facilities for heat-sink assemblies of discrete diodes, thyristors and IGBTs. Technical specifications: Heat-sink assemblies of diodes, thyristors and IGBT modules of ratings as specified in Plans A and B. | 1. Supply of product design information (datasheets, drawings and specifications of components and materials) 2. Supply of process technology information (Manufacturing, Testing and Quality protocols) 3. Supply of technical and vendor information on manufacturing and testing equipment. 4. Supply of technical information on service facilities. 5. Training of BHEL personnel in manufacturing and testing of heat-sink assemblies and stacks. |

ORGANISATIONAL STRUCTURE OF BHEL:
BHEL is spread over various parts of the country from Haridwar in north to Tiruchi in south. Centralized policy making decentralized administration unit manager have complete authority and power always has been reviewing its organizational structure to ensure customer needs are fulfilled and internal synergy is maximized BHEL. Its commercial organization. The powers company officials are well defined at all levels in the organization. The duties are assigned from time to time. Executive directors

General Manager

Assistant general manager

Senior deputy general manager

Deputy General Manager

Senior Manager

Deputy Manager

Senior officer/ engineer

Officer/engineer

Supervisor

Clerks

BALANCE SHEET: BALANCE SHEET | 2015 | LIABILITIES | Rs. In Crores(INR) | Share Capital | 482.52 | Reserves and Surplus | 33595.08 | Secured Loans | 0.00 | Unsecured Loans | 61.00 | Current Liabilities | 23281.09 | Provisions | 11040.44 | Deferred Tax Liability | 0.00 | | 68460.13 | ASSETS | | Fixed Assets | 4140.52 | Capital Work in Progress | 517.80 | Intangible Assets | 0.00 | Discarded Fixed Assets pending disposal | | Plant and machinery acquired under lease | | Investments | 417.67 | Inventories | 10101.66 | Sundry Debtors | 26223.50 | Cash and Bank Balances | 9812.70 | Other Current Assets | 29069.61 | Loans and Advances | 17253.28 | Miscellaneous Expenditure | 0 | | 97536.74 |

PROFIT AND LOSS ACCOUNT: INCOME STATEMENT | | INCOME | | | Rs. In Crores(INR) | Net Sales | 30182.98 | Other income | 1220.45 | Increase (Decrease) in WIP/Finished Goods | 31741.47 | | 63144.90 | EXPENDITURE | | Materials | 14176.53 | Manufacturing/operating | 3581.79 | Personnel | 0.00 | Administration | 0.00 | Financing | 4659.49 | Selling | 0.00 | Depreciation | 1077.32 | Amortisation | 0.00 | Off-season expenses charged/(deferred) (net) | 0.00 | Exceptional Items | 6004.57 | Total Expenditure | 29499.70 | Profits before taxation | 2150.12 | Provision for taxation | 42.31 | PROFITS AFTER TAX | 2107.81 |

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