BGR Energy Systems Ltd.

We were incorporated as GEA Energie Systems India 
 Private Limited on February 18, 1985 by our Promoter
 Mr. B G. Raghupathy. For information relating to our
 Promoter, see Our Promoter on page 139 and Our
 Management on page 128.
 
 Our name was changed to GEA Energy System (India)
 Private Limited by a resolution of our shareholders 
 on October 17, 1986, and a fresh certificate of 
 incorporation consequent to the change of name was 
 issued to us on April 3, 1987. Our status was 
 subsequently changed to a public limited company 
 by a special resolution of our shareholders passed
 at the annual general meeting held on December 10, 1993.
 The fresh certificate of incorporation consequent on
 conversion was issued to our Company on March 3, 
 1994 by the Registrar of Companies, Andhra Pradesh
 at Hyderabad. Our name was changed to BGR Energy 
 Systems Limited by a resolution of our shareholders
 on June 25, 2007. The fresh certificate of incorporation
 consequent to the change in name was issued to our Company 
 on June 28, 2007.
 
 In 1987, we commenced operations through a joint venture
 with GEA Energietechnik Gmbh, Germany. We supplied tube
 cleaning systems and debris filters for nuclear and 
 thermal power plants and established our firstmanufacturing 
 facility at Pannamgadu, Andhra Pradesh in February 1987.
 We supplied our products and allied services to a variety 
 of domestic and international clients between 1987 to 1993
 in collaboration with GEA Energietechnik Gmbh, Germany. 
 60,000 Equity Shares were issued to GEA Energietechnik Gmbh 
 Germany on September 6, 1987 pursuant to the above joint
 venture agreement.
 
 GEA Energietechnik Gmbh, Germany divested its stake
 in our Company in 1993 to our Promoter and members
 of our Promoter Group pursuant to the expiry of the joint
 venture agreement. The shares held by GEA
 Energietechnik Gmbh were transferred to Arjun Securities 
 Private Limited, Vani Securities Private Limited,
 Priya Securities Private Limited and Swarna Leasing Private 
 Limited on March 31, 1994. For details of the
 relevant transfers refer to Capital Structure on page 25.
 
 In 1994, with the object of expanding our product portfolio,
 we acquired a company, Schmitz Gmbh in Germany.
 This company was engaged in the business of manufacturing 
 sponge cleaning walls. In 1999, we developed the
 capability to manufacture these components through Schmitz 
 India Private Limited, a Promoter Group Entity.
 We have transferred our entire holding in Schmitz Gmbh to 
 Schmitz India Private Limited pursuant to an
 agreement dated August 1, 2007, with effect from 
 June 30, 2007.
 
 Since 1993, we entered into a series of joint ventures 
 and technical collaborations to increase the portfolio of
 products we offered. This included a collaboration for air
 cooled heat exchangers with GEA Btt, France in 1994;
 a license agreement with GEA Spirogills Limited UK for 
 the manufacture of welded finned tubes through our
 subsidiary Progen Systems and Technologies Limited in 1994;
 an arrangement with GEA Energietechnik Gmbh
 for the manufacture of cooling systems through GEA Cooling 
 Tower Technologies (India) Private Limited in
 1996; and an arrangement in relation to environmental 
 engineering solutions with Crane Environmental Inc, USA 
 in 2000.
 
 We established our power projects business in 1997 with 
 the objective of developing power projects.Since 2000
 our power projects business commenced the process of 
 providing balance of plant services for captive and
 independent power projects in India and elsewhere.
 
 
 In May 2003, we provided engineering procurement and 
 construction services for a 120MW power plant on a
 turnkey basis in Karuppur, Tamil Nadu and commenced
  the provision of such services for captive power plants
 in India in 2006.
 
 In 2001, we commenced operations in the oil and gas 
 sector and have developed capabilities in providing
 packaged compressor solutions in co-operation with Ariel
 Corporation, USA.
 
 We also established an electrical projectsbusiness
 which commenced operations in 2003 and provides
 transmission infrastructure, gas insulated substations 
 and optic fiber networks.
 
 We entered into a business acquisition agreement
 dated January 2, 2006 with Mrs. V. Girija, 
 Mr. Velpandian Mani, the proprietrix
 and the chief executive officer, respectively, of 
 VP ngineering Consultancy Services, a sole 
 proprietorship engaged in providing piping, design 
 and engineering services.Under this agreement we bought 
 certain business assets of VP Engineering Consultancy 
 Services including contracts,orders, work inprogress,
 submitted bids and offers. Further, under the agreement
 Mr. Velpandian Mani as well as certain employees of VP 
 Engineering Consultancy Services agreed to join the 
 services of our Company under certain
 specified terms. Mr. Velpandian Mani has undertaken 
 to work for our company for a minimum period of three years
 .
 Key Events and Milestones
 
 Year Key Events
 
 July 2007 Our Company sold the assets and liabilities 
 of its energy division to GEA BGR Energy System India 
 Limited by way of a slump sale.
 
 December 2006 The electrical project business obtained 
 category ‘F’ power trading license from the Central 
 Electricity Authority.
 
 December 2006 Our company secured its single largest 
 export order for the supply of gasgathering and processing
 plant from State Company for Oil Projects, Iraq.
 
 March 2006 Memorandum of Understanding with Ariel 
 Corporation Inc which enabled our Company to become 
 an Ariel qualified packager.
 
 January 2006 The electrical projects business won a
 contract for gas insulated switch gear from Hyundai 
 Motors India Limited 
 
 November 2004 Our Company secured its first order
 for supply of electrical installations for 132 MW hydro 
 power plant.
 
 November 2004 Our Company entered into an arrangement 
 with Qingdao Jieneng Power Station Engineering Company
 Limited and Sichuan Chuanghua BoilerCompany for the
 procurement of boilers and steam generators on a case
 to case basis.
 
 October 2004 Our Company first supplied a debris 
 filter for a hydro plant at Saramah,Malaysia.
 
 July 2004 Our Company entered into an arrangement 
 with gas turbine manufacturerfor independent EPC contracting 
 for power projects.
 
 May 2004 Our Company secured an order for treating 
 textile effluents with V-SEP technology.
 
 Year Key Events
 
 May 2004 The air fin coolers business increased
  its capacity by 50%.
 
 April 2004 Our Company supplied equipment for off-shore 
 projects to ONGC.
 
 June 2003 Our Company built and supplied a debris filter 
 for a nuclear power plant in Taiwan.
 
 April 2003 Our Company secured its first engineering, 
 procurement and constriction contract for a 120 MW gas 
 based combined cycle power plant in Karuppur, Tamil Nadu.
 
 September 2002, and April 2003 Our Company entered into 
 joint venture agreements on project basis with MECON Limited
 to bid for NHAI projects.
 
 March 2003 Our Company supplied a deaerator for a 500 MW
  nuclear power station.
 
 July 2001 Our Company secured a contract from BHEL for 
 supply of balance of plant equipment for a 23 MW coal
  based captive power plant for Grasim Industries Limited.
 
 September 2000 Our Company enters into a technical
 collaboration agreement with Crane Environmental Inc, USA.
 
 September 2000 Our Company secured its first contract 
 for balance of plant from BHEL.
 
 May 1999 Schmitz India Private Limited commenced 
 commercial operations.
 
 December 1997 Progen commenced commercial operations
 .
 March 1997 Our Company won two contracts from Tamil
  Nadu Government forpower projects in Gumnidipanda 
 and Perunthurai.
 
 March 1996 Our Company entered into a collaboration 
 agreement with GEA Germany to set up GEA Cooling Tower 
 Technologies (India) Private Limited.
 
 February 1996 Our Company acquired a 30% stake in 
 Cuddalore Power Company Limited.
 
 January 1996 Our energy business obtained ISO 
 9001 certification.
 
 October 1995 Our Air Fin Cooler business commenced
  commercial operations.
 
 April 1994 Progen entered into a license and 
 technical service agreement with GEA Spirogills Limited, UK.
 
 January 1994 Our Company entered into a license and 
 technical collaboration with GEA Btt, France.
 
 January 1994 Our Subsidiary, Progen Systems and
  Technologies Limited, was incorporated.
 
 March 1993 GEA Germany divested its stake in our Company.
 February 1987 BGR Energy Systems Limited entered 
 into a joint venture with GEA Germany.
 
 2008
 
 - BGR Energy Systems Ltd has got an engineering, procurement,
 construction' order from Tamil Nadu Electricity Board (TNEB).
 
 -BGR Energy Signs Collaboration with Termomeccanica, Italy
 
 -BGR Energy Signs Up Credit Lines for Rs 2,105 Crores
 
 2009
 
 - BGR Energy Systems Ltd has bagged Rs 27 Cr. contract from NPCIL.
 
 - BGR Energy secures 2 x 500 MW Marwa Thermal Power Project BOP
 contract for Rs 1633 Crores
 
 -BGR Energy bags contract for Total Water System
 
 2010
 
 - BGR Energy entered into a license and technology transfer agreement
 with Nooter/Eriksen of the U.S.
 
 - BGR Energy Systems, the supplier of engineering equipment, today
 said it has bagged an order valued at Rs 100 crore from Power Grid
 Corporation of India Ltd (PGCIL) in order to lay fibre optic
 cabling.
 
 2010
 
 - BGR Energy Systems Ltd has signed Joint Venture Agreements with
 Hitachi Ltd., Japan and Hitachi Power Europe GmbH, Germany for the
 business of design, engineering and manufacture of Supercritical
 Steam Turbine Generator and Supercritical Steam Generator (Boilers).
 
 2011
 
 -Received Order for Supercritical BoP 2x660 MW.
 
 -BGR Energy's Electrical Projects Secures Rs.444.48 Crore NPCIL
 Contract
 
 2012
 
 -BGR wins 660 MW NTPC Boiler contract for Super-critical Boilers.
 
 -BGR was awarded contract for supply of 2 x 660 MW Super - critical
 Boilers from NTPC.
 
 -BGR Energy signs a MoU with Govt. of Tamilnadu
 
 -BGR Energy awarded contract for supply of 2 x 800 MW Steam Turbine
 and Generators for NTPC's LARA STPP.
 
 2013
 
 - BGR Energy signs Balance of Plant (BoP) contract with Odisha Power
 Generation Corporation (OPGC) for 2 x 660MW Super Thermal Power
 Project.
 
 - BGR Energy gains on winning first overseas EPC contract for a value
 of USD 246 Million.
 
 - Company rebutting the report which appeared in the financial daily
 on March 19, 2013 regarding its Joint Ventures with Hitachi.
 
 2014
 
 - BGR Energy secures contracts of Rs. 300 Crore from core sector.
 
 - BGR Energy secures new contracts worth Rs 250 Crore.
 
 2016
 
 -BGR Energy Systems Ltd has Award of contract for Rs.2600 Crores.
 
 2018
 
 -BGR Energy Systems bags Rs 87.68 cr order from TANTRANSCO
 
 2019
 
 -BGR Energy Systems Limited has informed the Exchange regarding
 ''Award of contract for Rs.4442.75 Crores by TANGEDCO''.
 
 2020
 
 -BGR Energy Systems has secured electrical projects orders worth Rs
 573.32 crore from domestic clients.
 
 -Company bagged orders from Nuclear Power Corporation Ltd for supply,
 testing and delivery of control and instrumentation package of various
 systems, erection and commissioning for Kudankulam nuclear power Plant
 3 & 4 project.