/ BHEL Speeds Up Project Execution Exceeds Govt’s Capacity Addition Target ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Wednesday, 5 April 2017

The government-owned engineering and manufacturing company, Bharat Heavy Electricals Ltd., (BHEL), has accelerated its project execution activity. The company has achieved a capacity addition of 45,274 MW of utility sets during the 12th five-year plan.

It has exceeded the government’s capacity addition target by 9%, while the Company has been the single largest contributor to country’s installed capacity of utility sets, with a share of 46% in the 12th plan capacity addition.

It can be noticed that BHEL’s capacity addition during the 12th five-year plan is 78% which is more than the one in the 11th plan.

The Company added another feather in its cap by pushing into the field of power generation as a co-developer, with the start of commercial operations of the first unit of its 2x800 MW project at Yeramarus, Karnataka. Karnataka Power Corporation Limited (KPCL) and BHEL are the main equity partners of Raichur Power Corporation Ltd.

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