BHEL done!
POWER & RENEWABLE ENERGY

BHEL done!

Power equipment manufacturer BHEL added one more achievement to its kitty. The company, led by B Prasada Rao, Chairman and Managing Director, was recently granted the Maharatna status by the Government of India. It was honoured on the basis of its consistent high performance, operations in a highly competitive environment and fulfillment of the required eligibility criteria. It registered a turnover of Rs 49,510 crore and net profit of Rs 7,040 crore in the year 2012. The Maharatna status will enable the company to realise its long-term objectives and reach a turnover of Rs 1 lakh crore by 2016-17. The company will be able to pursue growth opportunities in the areas of transportation, renewables and transmission and tap big ticket opportunities for equity participation in large size international projects.

Power equipment manufacturer BHEL added one more achievement to its kitty. The company, led by B Prasada Rao, Chairman and Managing Director, was recently granted the Maharatna status by the Government of India. It was honoured on the basis of its consistent high performance, operations in a highly competitive environment and fulfillment of the required eligibility criteria. It registered a turnover of Rs 49,510 crore and net profit of Rs 7,040 crore in the year 2012. The Maharatna status will enable the company to realise its long-term objectives and reach a turnover of Rs 1 lakh crore by 2016-17. The company will be able to pursue growth opportunities in the areas of transportation, renewables and transmission and tap big ticket opportunities for equity participation in large size international projects.

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