BHEL has been the flag bearer of Indian engineering enterprises across the globe for over four decades. Continuing its focus on globalization, BHEL has achieved consistent growth in its exports. Its references encompass almost the entire range of BHEL products and services, covering thermal, hydro and gas-based turnkey power projects, substation projects, rehabilitation projects, besides a wide variety of products like Transformers, Compressors, Motors, Valves and Oil field equipment, Electrostatic Precipitators, Photovoltaic equipment, Insulators, Heat Exchangers, Switchgears, Castings and Forgings, etc.
The cumulative overseas installed capacity of BHEL manufactured power plants stands at close to 10 GW. The first large turnkey project export by an Indian company was done by BHEL in Libya (1977) and since the past few decades, BHEL has been expanding its operations in the field of exports. Currently, BHEL has established references in 80 countries across the globe with major contributions in the power sector of various countries and has contracted power plant equipment of around 17,000 MW outside India. With the growing impetus on the renewables sector worldwide, BHEL has reinforced its presence in this segment with orders from Turkey and Nigeria. In 2015-16, BHEL secured export orders from 17 countries with maiden orders from Belgium and Mozambique.
Some of the major successes achieved by BHEL have been in gas-based power projects in Oman, Libya, Malaysia, UAE, Saudi Arabia, Iraq, Bangladesh, Sri Lanka, China, Kazakhstan, Belarus, Yemen; thermal power projects in Cyprus, Malta, Libya, Egypt, Indonesia, Thailand, Malaysia, Sudan, Syria, Ethiopia, Senegal, New Caledonia, Ukraine; hydro power plants in New Zealand, Malaysia, Azerbaijan, Bhutan, Nepal, Taiwan, Tajikistan, Vietnam, Rwanda, Thailand, Afghanistan, Democratic Republic of Congo, Burundi; and substation projects & equipment in various countries.
Execution of these overseas projects has also provided BHEL the experience of working with world renowned consulting organizations and inspection agencies. The company has been successful in meeting demanding requirements of international markets, in terms of complexity of work as well as technological, quality and other requirements viz. HSE requirements, financing packages and associated O&M services, to name a few. BHEL has proved its capability to undertake projects on fast-track basis. BHEL has also established its versatility to successfully meet the other varying needs of various sectors, be it captive power, utility power generation or for the oil sector. Besides undertaking turnkey projects on its own, BHEL also possesses the requisite flexibility to interface and complement other international companies for large projects, and has also exhibited adaptability by manufacturing and supplying intermediate products.
The company is taking a number of strategic business initiatives to fuel further growth in overseas business. This includes firmly establishing itself in target export markets, positioning BHEL as a regular EPC contractor in the global market both in utility and IPP segments and exploring various opportunities for setting up overseas joint ventures, etc.