BHEL demonstrates International Competitiveness, Bags World Bank funded export order for transformers from Azerbaijan

Bharat Heavy Electricals Limited, BHEL, has achieved another breakthrough in the CIS region by securing a prestigious export order for transformers from Azerbaijan.

Won in the face of stiff international competitive bidding, ICB, the World Bank funded contract has been placed on BHEL by Azerenerji. BHEL has earlier successfully executed several contracts in Azerbaijan including rehabilitation and supply of a hydrogenerator package for Mingechaur Hydro Power Plant and supply of substation equipment and electrics for the steel plant of Baku Steel Company.

BHELs scope in the contract envisages manufacture, supply and supervision of erection and commissioning of 330 kV class 240 MVA and 110 kV class, 75 MVA and 63 MVA rating transformers to be installed in Azerenerjis Power Transmission project. The company has already supplied transformers to more than 20 countries around the world including Greece, Egypt, Libya, Oman, Malaysia, Saudi Arabia and Zambia.

BHEL has also executed and is presently executing contracts in Russia, Kazakhstan and Tajikistan. The CIS region has been identified by BHEL as one of the potential regions for enhancing overseas business.

Riding high on its dominant domestic position, BHEL is taking long strides to become a major global player by enhancing its presence in international markets. It has identified overseas business as one of its thrust areas as part of its Strategic Plan 2012. The company is targeting a six fold increase in its physical exports from the current levels by 2012.

The high growth momentum gained by the company in international business in the past two years is poised to further stimulate growth in its export business by consolidation in existing markets and widening its export base through expansion of its existing basket of products and services and by entering new markets in the current fiscal and future. BHEL has during the year already achieved major successes in overseas markets including, Captive power project in Indonesia, Gas Turbine Generating units in UAE, Rehabilitation Project in Libya, entry into a host of new market segments like Motors from Kuwait and UAE, Wellheads from Myanmar and Soot Blowers in Australia besides orders for Transmission equipment from Greece.

Over the years, BHEL has established its footprints in all the six inhabited continents of the world, spanning 70 countries and its technical competence has earned worldwide acclaim.