BHEL wins first commercial order | business | Hindustan Times
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BHEL wins first commercial order

Bharat Heavy Electricals Limited (BHEL) has won its first commercial order valued at Rs 1,474 crore for 660 MW Steam Turbine Generators from NTPC, with supercritical parameters against International Competitive Bidding (ICB).

business Updated: Oct 26, 2008 23:59 IST

Bharat Heavy Electricals Limited (BHEL) has won its first commercial order valued at Rs 1,474 crore for 660 MW Steam Turbine Generators from NTPC, with supercritical parameters against International Competitive Bidding (ICB).

The order is for setting up the 2x660 mega watt steam turbine generator package at Barh Thermal Power Project Stage-II, located about 75 km from Patna in Bihar.

The supercritical steam parameters for this project are higher than those for the other supercritical projects presently under installation by NTPC at Sipat and Barh Stage-I, resulting in higher efficiency. BHEL will design, engineer, manufacture, supply, erect and commission two Steam Turbine Generator sets of 660 MW each along with associated auxiliaries.

The turbine generators will be manufactured by BHEL at its Haridwar works, while the company’s Hyderabad plant will supply the pumps and heaters. The construction of the plant will be undertaken by BHEL’s Power Sector — Eastern Region, Kolkata.

It’s advantage frequent fliers in Air India

Air India has enhanced the benefits for frequent fliers to make it a vital tool for retaining loyalty of passengers. Enhanced benefits to existing members include increased accrual of mileage points, usage of mileage points for upgrading, lower threshold for redemption and renewal, besides free enrolment for new members.

“'Flying Returns is much more than a frequent flyer programme. The other privileges include exclusive check-in counters at select airports, priority baggage handling, lifestyle privileges, pooling of mileage points and a wide array of special offers and promotions,” a company statement said.

Punjab and Sind’s executive director

GS.Vedi has taken over as executive director, Punjab and Sind Bank. He was earlier with executive director of Canara Bank.

Vedi has handled departments like treasury and international operations, recovery, risk management, accounts, planning and development among others, a statement said.

BSNL pays Rs 1,200-crore dividend

The Chairman and managing director of BSNL, Kuldeep Goyal, presented a cheque of Rs 1,200 crore to Communications and Information Technology Minister A. Raja as payment of final dividend to the government.

The payment of Rs 1,200 crore comprises of Rs 525 crore as dividend on equity capital and Rs 675 crore as dividend on preferential capital for the financial year 2007-08.

This is in addition to an interim dividend of Rs 300 crore already paid to the government exchequer by BSNL on equity capital, thus making the total contribution of Rs 1,500 crore on account of dividend.