BHEL Ranipet ties up with Mitsubishi

This will fetch the company Rs.1,000 crore business annually after two years

April 12, 2013 01:06 am | Updated 01:06 am IST - VELLORE:

Boiler Auxiliaries Plant of Bharat Heavy Electricals Limited (BHEL) in Ranipet has entered into a technical tie-up with Mitsubishi Heavy Engineering Industries, Japan, for manufacturing and supplying flue gas de-sulpherisation (FGD) system that removes sulphur dioxide from gases emitted by power stations.

T. N. Veeraraghavan, Executive Director, who signed the agreement on April 3, said BHEL was the only Indian company to share the crucial technology from Mitsubishi, and he hoped that this would fetch the company Rs.1,000 crore business annually after two years.

Addressing a press conference on Thursday, Mr. Veeraraghavan said that while major part of the FGD system was developed by BHEL, only about 5 per cent of the technical components were to be shared by the Japanese partner. The FGD system would reduce sulphur dioxide level in power plant gas emissions to 400 mg/Nm3 (milligram per normal meter cube), a permissible limit, from 1,500 mg/Nm3, he said.

“Indian coal has very low level of sulphur but when our plants start using imported coal, the problem of excess sulphur in gas emissions will come up,” he added.

Rs.1,118 crore profit

Mr. Veeraraghavan said “Ranipet unit of the BHEL has recorded a turnover of Rs.3,710 crore and a profit before tax of Rs.1,118 crore in 2012-13. Orders received during the year are worth Rs.1,741 crore as against Rs.1,005 crore in the previous year. Direct orders received by Ranipet has increased to Rs.437 crore from Rs.38 crore. BHEL Ranipet has entered into a contract for Rs.38 crore with Liquid Propulsion System Centre of Indian Space Research Organisation for machining satellite fuel tanks”.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.