Central PSU engineering firm Bharat Heavy Electricals Ltd (BHEL) has reported new order inflow of a little over Rs.3,200 crore in the first quarter of FY22.
In a presentation, BHEL said that it won orders worth Rs.3,253 crore in Q1 of FY22, with a clear dominance of the power sector.
Orders worth Rs.2,502 crore came from the power sector, accounting for nearly 77 per cent of the total order inflow in Q1 of FY22 (see table). The industry sector and exports filled in the remainder with respective shares of 21 per cent and 2 per cent.
Significant orders received from the power sector in Q1FY22 were:
- Supply and supervision of erection and commissioning of pump & auxiliaries, motor & auxiliaries, static excitation system and SCADA for 4×125-mw Kaleshwaram Project (Link-IV-Package-1)
- Supply of 12 steam generators for Nuclear Power Corporation of India Ltd’s 700 MWe pressurized heavy water reactors (PHWRs) to be installed in fleet mode at various locations for 10×700 MWe nuclear projects
- Supply of five 500 MVA power transformers from PGCIL
Outstanding order book
As of June 30, 2021, the outstanding order book of BHEL stood at Rs.1,02,098 crore with the power sector accounting for a dominant 83 per cent, followed by industry (11 per cent) and exports (6 per cent).
Potential order inflow
BHEL said that some of the prominent orders where BHEL was favourably placed were FGD package for NPTC’s 2×500-mw Sipat Stage-I; main plant package for NTPC’s 2×660-mw NTPC Talcher; fleet mode procurement of TG Island Package on EPC basis for 6×700 MWe PHWR reactors by NPCIL.
Net order inflow
As of 31 March 2021, BHEL had reported an outstanding order book position of Rs.1,02,090 crore—almost the same as that as of June 30, 2021. This could only mean that during Q1 (April 1, 2021 to June 30, 2021), BHEL could complete orders whose value was comparable to the new order inflow in the same period. Thus, one can infer that order completion during Q1 of FY22 was in the region of Rs.3,200 crore. (This is of course under the assumption that no orders were cancelled.)
(Featured photograph showing a thermal power plant of NTPC is for illustration only)
