HYDERABAD: BHEL RC Puram has recorded a net profit of Rs 1,838 core and revenue of Rs 7,072 crore for the financial year ended March 31, 2012.
The unit has achieved a year-on-year growth of 13 per cent in revenues (Rs 6,653 crore) and 38 per cent in profits (Rs 1,332 crore) in spite of global economic slowdown and power sector in particular.
According to Mr R.K.Wanchoo, Executive Director of BHEL, RC Puram, the division has completed a five-year strategic plan including a consolidation phase last fiscal, helping deliver good performance.
This facility has entered a select band of manufacturers of large sized power plant equipment of 600 MW ratings and above including super critical power plants. It supplied a high pressure feed water heater for 600 MW rating toNorth Chennaipower project.
The research and development arm, which has invested Rs 170 crore, has filed for 31 applications for patents and copyrights during 2011-12. The unit has completed a technology transfer programme from its collaborator GE Oil & Gas Co of Italy and adapted technology for supercritical power plants from MHI and Alstom.
The BHEL unit, located near here, has made entry into new markets such as Commonwealth Independent States. The supplies included to gas turbines to Belarus, steam turbines to Ukraine and to Oman.
The project Engineering and Systems Division has notched up sales of Rs 815 crore in its first year of operation. This supported over Rs 4,000 crore business of the company.