BHEL Chairman to get two-year extension

Last Updated: Monday, December 30, 2013, 19:10

A panel of secretaries set up by the Prime Minister's Office (PMO) Monday recommended granting two year post-retirement extension to power equipment-maker BHEL Chairman and Managing Director B Prasada Rao.

Panel to consider two-year extension for BHEL chief Rao

Last Updated: Thursday, December 26, 2013, 19:43

The proposal has now been referred to the informal committee of secretaries and there are indications that Rao will get an extension.

Heavy Ind Min concerned over higher ECB cap for power projects

Last Updated: Sunday, December 8, 2013, 18:35

The Heavy Industries Ministry has raised concerns over enhanced external commercial borrowing limit for funding domestic power projects, citing that the move adversely impacts local gear makers including BHEL.

PM asks Ministries to work out stake sale plan in BHEL, CIL

Last Updated: Tuesday, December 3, 2013, 18:43

Prime Minister Manmohan Singh has asked administrative ministeries to work out viable plan for disinvestment of BHEL and Coal India, including dividend payment, so as to achieve Rs 40,000 crore target in the current fiscal.

Slackness in large infra projs pose challenges: BHEL

Last Updated: Wednesday, November 20, 2013, 19:56

Bharat Heavy Electricals Ltd (Bhel), a USD 9 billion engineering and manufacturing enterprise, is grappling with tough business environment including sluggishness in the power sector.

BHEL bags Rs 1,300 cr NTPC contract

Last Updated: Tuesday, November 19, 2013, 17:00

"BHEL has bagged main plant package contract for 500 MW thermal power plant of NTPC," the company said in a statement.

BHEL posts 64% drop in quarterly profit

Last Updated: Wednesday, November 6, 2013, 14:45

Bharat Heavy Electricals posted a worse-than-expected 64 percent fall in quarterly net profit on Wednesday, the fifth straight drop, as a slowdown in demand ate into the sales of the country`s largest power equipment maker.

BHEL wins Rs 2,569 crore order from Neyveli Lignite

Last Updated: Friday, November 1, 2013, 17:38

BHEL has established the capability to deliver power plant equipment of 20,000 MW per annum, it said.

BHPV merger to give boost to biz opportunities for BHEL

Last Updated: Friday, September 6, 2013, 17:45

State-run Bharat Heavy Electricals Friday said the merger of Bharat Heavy Plate and Vessels Ltd (BHPV) with itself would provide a platform to tap potential business opportunities worth over Rs 14,000 crore in the next five years.

Bhel bags Rs 96 crore worth order from NTPC

Last Updated: Thursday, September 5, 2013, 23:32

BHEL will execute the project covering all works from concept to commissioning and will operate and maintain the project for one year, it added.

Govt plans to sell stake in 5 PSUs this fiscal

Last Updated: Friday, August 23, 2013, 19:32

The government plans to offload 5-10 percent stake in five companies, including IOC, Engineers India (EIL) and BHEL, to achieve disinvestment target of Rs 40,000 crore in the current fiscal.