BHEL Hardwar achieves record turnover of Rs 2658 crore

Hardwar, Apr 4 (UNI) The Heavy Electricals Equipments Plant (HEEP) and the Central Foundry Forged Plant (CFFP) of the BHEL unit of Hardwar have achieved a record turn over of Rs 2658 crore during the fiscal year 2007-08.

''The two plants achieved a turnover of Rs 2658 crore as against Rs 2273 crore of the preceding year,'' Executive Director of the HEEP D K Mody and Executive Director of the CFFP, S M Mahajan said in a joint conference here this afternoon.

They also said that the profit before tax of the two plants went up to Rs 453 crore during this year, which is highest so far.

Mr Mody said that the HEEP had acquired the technology to enhance the capacity of its thermal generator sets from 500 MW to 600 MW and of manufacturing steam turbines of 660&800 MW ratings.

''Our target is to increase the total power generation capacity of our electrical equipments from the present 3500 MW per annum to 5250 per annum by 2008 and to 10,020 MW per annum by 2009, by investing Rs 1000 crore on research &development to cope with the spiraling energy requirements of the country,'' Mr Mody added.

Mr Mahajan said the CFFP was doubling its capacity from 8000 tons to 16000 tons of machined castings and forgings per annum by investing Rs 125 crore for adding a number of new facilities to augment the existing infrastructure.

''In addition, an investment of Rs 900 crore is being envisaged for a new plant with state of art facilities to manufacture large size rotors, which are presently imported, to meet the in-house requirements for the different units of the BHEL in the country and also for other vital sectors like steel, defence &space technology,'' Mr Mahajan added.

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