BHEL is a manufacturer of integrated power plant equipment and one of the largest engineering and manufacturing companies of its kind in India dedicated to the design, engineering, manufacturing, construction, testing, commissioning and maintenance of a wide range of products And services for central sectors of the economy, Energy, Transmission, Industry, Transportation (Railroads), Renewable Energy, Oil and Gas, Water and Defense with more than 180 products offered to satisfy the needs of these sectors. BHEL has been the base of the heavy electrical equipment industry in India since its incorporation in 1964.
The growth of BHEL has been synchronous with the achievement of self-sufficiency in the autochthonous manufacture of heavy electrical equipment. Of the available capacity of 35,000 MW per year for the manufacture of power plant equipment in the country, BHEL alone constitutes a gigantic capacity of 20,000 MW per year. A wide network of 17 Manufacturing Divisions, 2 Repair Units, 4 Regional Offices, 8 Service Centers, 4 Overseas Offices, 6 Joint Ventures, 15 Regional Marketing Centers and the current execution of projects in more than 150 projects in the India and abroad corroborate the humungous scale and the size of its operations.
In fiscal year 2016-17, the company commissioned / synchronized 8,539 MW of power generating equipment. With this, the company's global installed power generation capacity has increased to 178 GW. It should be noted that the greater focus on project implementation has led BHEL to achieve a capacity addition of 45,274 MW during the 12th Five-Year Plan (2012-17), exceeding the government's 41,661 MW target for BHEL by 9% . With this, BHEL remains the largest contributor to the country's power generation capacity.
During the year, the thermal energy generating groups built by BHEL generated 549 billion units of electricity, representing 58.2% of the total thermal energy generated in the country.
BHEL also has an overseas presence in 82 countries in all six continents with the accumulated installed capacity abroad of the power plants manufactured by BHEL near 10,000 MW including Belarus, Bhutan, Egypt, Indonesia, Iraq, Kazakhstan, Malaysia , New Zealand, Oman, Sudan, Tajikistan and the United Arab Emirates. A highlight of the year was the largest export order ever valued at US $ 1.5 billion (Rs.10,000 Crore) for the installation of 1,320 MW (2x660 MW) of the Maitree Super Thermal Project in Bangladesh. Significantly, it won against the strong international competitive bidding, this is the largest order of BHEL energy projects in the international market.
Leveraging its experience of more than three decades at Solar PV (SPV), the company is capitalizing on emerging opportunities in the segment. During the year, BHEL set a new record in its Solar PV business, delivering 176 MW of SPV modules in a single year, making a significant contribution to the nation's green initiatives.
The high level of quality and reliability of BHEL products is due to adherence to international standards by acquiring and adapting some of the best technologies of the world's leading companies together with the technologies developed in their own R & D. The divisions of BHEL as manufacturing units, engineering centers and business sectors such as energy sector, industry sector, international operations are accredited to quality management systems (ISO 9001). The main manufacturing units and the energy sector regions are also accredited for environmental management systems (ISO 14001) and occupational health and safety management systems (OHSAS 18001).
The biggest strength of BHEL is its highly qualified and committed workforce of around 39,821 employees who have been the cornerstone of BHEL's journey ensuring success. The excellence of the company and its people has been recognized in diverse national and international platforms. 'Top 25 Best Companies to Work For in India', 'Shram First Prizes', 'Vishwakarma Rashtriya Puraskars', 'National Safety Award' and the recognition of the Honorable Prime Minister for their contribution in the development of skills are some notable.