INDUSTRY PROFILE
1.1: BHARAT HEAVY ELECTRICALS LIMITED
In February 1947, the Advisory Board of Commission of India (Precursor of Planning Commission) recommended the need for setting up an indigenous power equipment manufacturing plant. As a consequent of this recommendation, Heavy Electricals India Limited was set up in Bhopal in 1956 with the collaboration of AEI (United Kingdom). The Government of India set up three plants under the name of Bharat Heavy Electricals Limited at Trichy, Hyderabad and Haridwar during the next five years.
The chronological evolution of BHEL is given in the following table:
YEAR | EVENT | February,1947 | Advisory Planning Board felt the needFor electrical Machinery industry in India. | March, 1948 | Exploratory Committee to set up heavy electrical engineering equipment factory in state sector. | January,1955 | S.A.Gelkary committee reiterates need for heavy electrical equipment factory. | August,1956 | Heavy Electrical (Pvt.) Ltd. Incorporated, later named H.E.(1) Ltd., at Bhopal. | November,1964 | Bharat Heavy Electrical Ltd. Established plants at Haridwar, Hyderabad and Trichy. | July,1972 | Action Committee of public Enterprise recommends integration. | January,1974 | H.E. (1) Ltd. And BHEL formally merged. Company prepares first corporate plan and second corporate plan emphasis on growth. |
Table 1: Evolution of BHEL
BHEL is the largest engineering and manufacturing enterprise in India in the energy related infrastructure sector, today. BHEL was established more than 40 years ago, ushering in the indigenous Heavy Electrical Equipment industry in India - a dream that has been more than realized with a well-recognized record of accomplishment of performance. BHEL offers over 180 products and provides systems and services to meet the needs of core like: Power, Transmission, Industry, Transportation, Non-Conventional Energy Sources, Oil & Gas Exploration & Telecommunication.