THE BHARAT HEAVY Electricals Limited (BHEL), Bhopal unit, which has made name for itself for manufacturing transformers, switchgears and other heavy electrical equipment, has entered the business of repair and maintenance (R&M) of old thermal power plants.
This has opened gates for another business opportunity for the Bhopal unit, which is appointed as the nodal agency by the BHEL corporate management for undertaking R&M work. Already, state electricity boards (SEBs) approached the mother unit of BHEL for undertaking the activities. The Bhopal unit has with it R&M work orders worth Rs 300 crore and orders for Rs 100 crore are also being actively considered.
A few important repair and maintenance orders placed on the unit are from Gujarat State Electricity Corporation Limited (GSECL), Himachal Pradesh Power Generation Company Limited (HPPGCL), Uttar Pradesh Rajya Vidyut Utpadan Nigan Limited (UPRVUNL), Punjab State Electricity Board (PSEB) and Madhya Pradesh Central Region Power Distribution Company.
Besides, the company is set to bag more orders from the State Electricity Boards (SEBs) for renovation and maintenance. The company has initiated a clutch of new initiatives for furthering future growth prospects, which include enhancing its value by strengthening its core business of power, transmission, transportation and industrial systems and products.
The R&M work considered beneficial for both the customers and BHEL. The customers will be benefited by making plant operational with small investments, the BHEL has another new sector of business with good returns in brief period.
“Due to these activities, crores of rupees of our customers have been saved and life of their plant also increased by making a little investment in the shortest possible time,” said Executive Director R K Singh. Talking to the Hindustan Times, he said field holds promise as the BHEL has talented and experienced staff.
“We are focusing on power sector and are hoping to get some addition work of renovation, modernisation of thermal power plants, modernisation of old machines and power distribution system in near future,” said the new Executive Director.
For the next fiscal, he said, the unit has set a target of Rs 230 crore, which would be increased up to Rs 400 crore in next three years.