Bharat Heavy Electricals (BHEL) has successfully completed R&M (Renovation & Modernization) and commissioned the third and final unit of the 3x60 MW Baira Siul Hydro Power Station located in Chamba district of Himachal Pradesh. The first and second units of the station have already been renovated and commissioned in December 2019 and October 2020 respectively. BHEL had won the order for R&M of the three units of Baira Siul Hydro Power Station amidst stiff competitive bidding.

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BHEL said it won the order for R&M of the three units of Baira Siul Hydro Power Station amidst stiff competitive bidding. The R&M of the project will result in restoration of output capacity and improvement in efficiency, besides leading to better plant availability and life extension of equipment

BHEL's scope in the project comprised of design, manufacture, supply, replacement and commissioning of critical parts of turbines & auxiliaries, governors, generators and control & monitoring. The equipment has been supplied from BHEL's manufacturing units at Bhopal, Bengaluru and Jhansi, while the on-site installation activities were carried out by the company's Power Sector - Northern Region division.

Shares of BHEL were trading 2.19% lower at Rs 71.35 on BSE.

State-run BHEL is engaged in design, engineering, construction, testing, commissioning and servicing of a wide range of products and services to the core sectors of economy. On a consolidated basis, BHEL reported net loss of Rs 448.20 crore in Q1 FY22, lower than net loss of Rs 893.14 crore in Q1 FY21. Net sales rose 43.6% to Rs 2,723.82 crore in Q1 FY22 over Q1 FY21.

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Bharat Heavy Electricals (BHEL) announced that the company's procurement through Government e-marketplace (GeM) portal has crossed Rs. 1,500 crore in the first six months of the current fiscal, as against Rs.389 Crore in the entire 2020- 21. Major procurements through GeM portal include Steel, Cement, Cables, various sub-assemblies, etc. The company was also ranked No. 1 among top 20 PSUs for procurements from this portal during the first quarter of current year.

Significantly, BHEL is not only procuring goods and services through Gel, but is also registered as a 'Seller' for various products on the platform and is receiving orders from the same.

By driving procurements through GeM, the company is ensuring transparency and compliance with various Gol directives like General Financial Rules, CVC guidelines, Public Procurement Policy - Make in India, MSE, Startups, etc, thereby increasing ease and efficiency of procurement. These steps are also aimed at the nation's efforts towards an AtmaNirbhar Bharat.

Notably, the company is streamlining its procurement processes using data analytics, and ensuring substantial cost savings by scaling up procurement through GeM. The goal is to utilize data analytics through a single dashboard by every concerned BHEL employee.

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Bharat Heavy Electricals has received an order from Goa Shipyard for supply of an upgraded super rapid gun mount (SRGM), the main gun onboard most warships of the Indian Navy.

The order envisages supply, installation and commissioning of the entire system - upgraded SRGM and accessories for triput class frigates of the Indian Navy, which will be manufactured by the Haridwar unit of BHEL.

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