Power Equipment

The company said its large orders were impacted by 'subdued market conditions', and the base order segment grew by 5 percent on year, during the June quarter.

BHEL looks at opportunities in India’s rising energy demand

Analysts estimate that power consumption growth of 8-10 per cent will unleash an order potential of 8-12 gigawatt (GW) in the industry between FY2023 and FY2026

BHEL: Will the phoenix rise again?

BHEL order book holds promise of growth, but the operating efficiencies will determine earnings growth

Cost control key to success of local power gear

Manufacturing zones must ensure that power equipment are competitively priced so that there is no additional strain on energy tariff

Coal scam hit BHEL's performance: Anant Geete

"BHEL's core function is that of power equipment manufacturing. However, in 2012-13, 2013-14 and 2014-15 the power generation was halted due to coal scam," the minister said at a press conference here.

Power Grid starts e-reverse auction for equipment procurement

Power Grid is conducting this eRA for bulk procurement of major power equipment like transformers, cables and conductors under the Integrated Power Development Scheme (IPDS) and Deendayal Upadhyaya Gram Jyoti Yojana (DDUGJY) on behalf of the committee appointed by the power ministry, the ministry said.

Inox Wind gets shareholders' nod to raise Rs150 cr via NCDs

The shareholders approved the special resolution at its annual general meeting held on September 19, to issue non-convertible debenture of Rs 150 crore in one or more tranches during one year period, Inox Wind Ltd said in a BSE filing.

Power equipment & construction market surge

Domestic equipment gains currency due to local regulation compliance, lower cost, and easy availability.

Chinese cos to set up units at GMR SEZ, to invest $3.5 bn

GiIC has signed a Memorandum of Understanding (MoU) with Kakinada SEZ (KSEZ), a subsidiary of GMR Infrastructure, to set up an industrial park for the high-end Chinese equipment manufacturing companies, a BSE filing said.

Modi wants China to 'Make in India'

Indian Prime Minister Narendra Modi is expected to bang the drum for his "Make in India" campaign during his maiden visit to China this week, but will companies from the "world`s factory floor" bite?

Crompton Greaves bags Rs 115 crore order from Power Grid

These reactors will be installed at Power Grid's Vemagiri and Srikakulam sub-stations in Andhra Pradesh.

Will this Budget 'energize' India?

This will be the first full budget which the current government will be tabling and since we have the majority government in place, the expectations are high and the industry is looking for a revival which will kick start the economic activity.

BHEL stock valuation too high, don't buy now: IIFL

Speaking to CNBC-TV18, Tarang Bhanushali said margin pressure for BHEL is likely to ease from FY16 onwards but downgraded the company‘s earnings estimates for FY15.

BHEL Q3 profit falls on slowdown in orders

Bharat Heavy Electricals Ltd, India's top power equipment maker, missed analyst estimates with a 17.5 percent fall in third-quarter net profit, hit by a slowdown in new orders, sending its shares down more than 4 percent.

BHEL up 3% as India imposes duty on Chinese insulators

Shares of Bharat Heavy Electricals (BHEL) were up 3 percent on Wednesday after the government imposed a 35 percent safeguard duty on electrical insulators imported from China, in a bid to protect domestic manufacturers from cheaper shipments.

No new hirings, only filling up vacancies this fiscal: BHEL

Faced with sluggish business conditions, state-run power equipment major BHEL has decided to limit its recruitment to only filling up the existing vacancies.

India-China trade talk to discuss power equipment duty hike

Commerce minister Anand Sharma will meet his Chinese counterpart Chen Deming on August 27 for bilateral trade talks in Delhi. It is learnt that the Chinese side will raise the issue of import duty hike on power equipment by India.

BHEL actively seeks buyout opportunities in US, Europe

Looking to bolster its overseas foot prints, state-run Bharat Heavy Electricals is actively scouting for acquisition opportunities in Europe and the US.

Cabinet may mull SAIL sell-off, sugarcane price tomorrow

The Cabinet is likely to consider tomorrow several key economic proposals including SAIL disinvestment, levy of import duty on power equipment and revision of central support price for sugarcane.

PMO to push duty on imported power equipment

Prime Minister's Office has decided to push the pending issue of duty on imported power equipments. The PMO has asked power ministry to float a cabinet note on the issue, reports CNBC-TV18's Anshu Sharma.

KEC International gets Rs 1,416 crore worth orders

Infrastructure company KEC International has won orders worth Rs 1,416 crore spread across various businesses, geographies and customers.

BHEL sees flat sales growth in FY13

Bharat Heavy Electricals expects flat growth in sales in the new fiscal year that began on April 1 because of uncertainties plaguing power producers, company officials said.

BHEL FY12 PAT up 14%, annual order flow disappoints

Bharat Heavy Electricals (BHEL) has announced its provisional numbers for FY12 and Q4FY12. The company's FY12 turnover was up 14% at Rs 49301 crore versus Rs 43337 crore, year-on-year, YoY.

Power equipment import duty under cabinet scrutiny

Sources in the power ministry have told CNBC-TV18 that the proposal for import duty on power plant equipment is alive and is being considered by the cabinet.

Budget Expectations: Industry keen on Budget boost to capex cycle, says Thermax

MS Unnikrishnan, MD, Thermax Ltd stated that the industry was keen on measures to control fiscal deficit and check inflation.