Koppu Sadashiv Murthy is appointed as BHEL CMD
ECONOMY & POLICY

Koppu Sadashiv Murthy is appointed as BHEL CMD

Koppu Sadashiv Murthy, aged 56, had taken over the role of Chairman & Managing Director (CMD) at Bharat Heavy Electricals (BHEL), a state-run organisation. Prior to his appointment at BHEL, Murthy had served as the Executive Director of the Corporate Operations Management group within the organisation. Additionally, he also held the position of CMD at Bharat Pumps and Compressors (BPCL).

Murthy, an alumnus of Bhopal University with a degree in Electrical Engineering, and an MBA in Finance, had started his journey with BHEL in 1989 at the Jhansi manufacturing unit. Over the course of 34 years, he had worked at various BHEL units including those in Hyderabad, Bhopal, Jhansi, and Varanasi.

During his tenure as the Head of Corporate Operations Management in Delhi, BHEL experienced a turnaround under his leadership. The company managed to register profits in the financial years 2022-23 and 2021-22, following two years of losses. Despite the challenges posed by the Covid-19 pandemic at BHEL?s Varanasi unit, the company reported a profit before tax equivalent to over 25% of its revenue in the financial year 2020-21.

At BPCL, Murthy's term was characterised by the establishment of strong relationships with stakeholders. This effort led to the monetisation of assets worth Rs 800 billion and the resolution of longstanding payment and contractual issues.

Koppu Sadashiv Murthy, aged 56, had taken over the role of Chairman & Managing Director (CMD) at Bharat Heavy Electricals (BHEL), a state-run organisation. Prior to his appointment at BHEL, Murthy had served as the Executive Director of the Corporate Operations Management group within the organisation. Additionally, he also held the position of CMD at Bharat Pumps and Compressors (BPCL). Murthy, an alumnus of Bhopal University with a degree in Electrical Engineering, and an MBA in Finance, had started his journey with BHEL in 1989 at the Jhansi manufacturing unit. Over the course of 34 years, he had worked at various BHEL units including those in Hyderabad, Bhopal, Jhansi, and Varanasi. During his tenure as the Head of Corporate Operations Management in Delhi, BHEL experienced a turnaround under his leadership. The company managed to register profits in the financial years 2022-23 and 2021-22, following two years of losses. Despite the challenges posed by the Covid-19 pandemic at BHEL?s Varanasi unit, the company reported a profit before tax equivalent to over 25% of its revenue in the financial year 2020-21. At BPCL, Murthy's term was characterised by the establishment of strong relationships with stakeholders. This effort led to the monetisation of assets worth Rs 800 billion and the resolution of longstanding payment and contractual issues.

Next Story
Infrastructure Urban

Madurai Corporation Proposes Rs 1,400 Million Plan to Save Vaigai River

In a renewed effort to tackle pollution, the Madurai Corporation has submitted Rs 1,400 million proposal to the state government to upgrade the city’s drainage network and prevent untreated sewage from entering the Vaigai River. The proposal follows growing public concern over the river’s deteriorating condition despite previous mitigation efforts. The Vaigai flows for nearly 12 km within Madurai city limits, with sections obstructed by invasive plants, garbage, and untreated sewage. While multiple inlets contribute to contamination, the Panthalkudi canal in Goripalayam has been identifi..

Next Story
Infrastructure Transport

PM Modi Inaugurates Mumbai Metro 3 Final Phase, 33.5 km Aqua Line

Prime Minister Narendra Modi inaugurated the final phase of Mumbai’s first fully underground Metro 3, making the 33.5 km Aqua Line operational. The line connects Aarey in North Mumbai to Colaba in South Mumbai, aiming to ease congestion on suburban trains and roads. The final stretch, spanning 11.2 km from Acharya Atre Chowk in Worli to Cuffe Parade, provides connectivity to six major business centres, including Nariman Point, Cuffe Parade, Fort, Lower Parel, BKC, and SEEPZ/MIDC. According to Mumbai Metro Rail Corporation (MMRC), the stretch also links areas such as Kalbadevi, Girgaum, Worl..

Next Story
Building Material

M.E. Energy Wins Rs 490 Million Ferro Alloys EPC Order

M.E. Energy Pvt Ltd, a wholly owned subsidiary of Kilburn Engineering Ltd and a leading Indian engineering company specialising in energy recovery and cost reduction solutions, has secured its second consecutive major order valued at Rs 490 million in the ferro alloys sector. The order is for an Engineering Procurement and Construction (EPC) contract to develop a 12 MW Waste Heat Recovery Based Power Plant (WHRPP). This repeat order underscores the growing trust of the ferro alloys industry in M.E. Energy’s expertise in delivering reliable, efficient, and sustainable energy solutions tailor..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?