The Hindu : Business : BHEL-PSSR targets Rs. 1,700 cr. turnover in 2011-12

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Thursday, Apr 10, 2008
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BHEL-PSSR targets Rs. 1,700 cr. turnover in 2011-12

Special Correspondent

CHENNAI: BHEL-PSSR (Power Sector- Southern Region) has set its eyes on scaling the Rs. 1,700-crore turnover-mark by 2011-12.

Indicating this at a press conference here, P. R. Shriram, General Manager-in charge, said that BHEL-PSSR posted a turnover of Rs. 675 crore during 2007-08, up from Rs. 603 crore in the previous year. The overall turnover of BHEL for 2007-08 was Rs. 21,608 crore.

The move to aggressively explore international markets for EPC (engineering, procurement and construction) jobs and the proposal to get into EPC work in nuclear power plant (700 MW size) business were all aimed at driving up the sales number, he said. Thirty-five projects were now under execution by the company. The huge orders under execution, 12,080 MW to be precise, would also help boost the turnover considerably, he said. BHEL-PSSR was also gearing up to equip itself to execute super critical thermal sets. Consequently, it was planning to widen the base of its sub-contractors, he added.

Making a power-point presentation, he said BHEL-PSSR reported a profit before tax of Rs. 104.27 crore during 2007-08, up from Rs. 109.10 crore.

New orders

During the year under review, it received fresh orders worth Rs. 889 crore and added 1,575 MW to the Southern grid.

Mr. Shriram said BHEL-PSSR was participating in setting up a 125 MW integrated gasification combined cycle technology. This, he said, would usher in clean coal technology through in-house efforts along with other units of BHEL. As part of its green initiatives, BHRL-PSSR had decided to clean pipes through steam blowing instead of detergents, he added.

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