Standardisation of power projects will considerably reduce the
construction time and, in turn, the overall project cost. We are
the most economical power equipment suppliers now; the per-mw cost
of projects we execute is around Rs 4 crore, says Bharat Heavy
Electricals Ltd (BHEL) Power Sector Southern Region (PSSR) general
manager and CEO N Kamalanathan.
Citing the National
Thermal Power Corporations (NTPC) Simhadri project, where the
corporation completed the first unit in a record time of 39
months, he said BHEL is progressing well in further reducing the
cycle time. NTPC did the hydraulic testing of boiler five months
ahead of schedule at the 500-mw Simhadri second unit.
Similarly, BHEL reached an important milestone in the 500-mw
Talcher project by boiler drum lifting in 4.5 months ahead of
schedule. Using high capacity cranes, BHEL is now doing lot of
pre-assemblies to reduce the cycle time.
Japanese funding agency JBIC was against awarding the Simhadri
power project to BHEL on the grounds that the Indian power major
will not be able to complete the project on time.
Currently, BHEL-PSSR is
executing projects over 7,000 mw in the southern region that
includes Andhra Pradesh, Karnataka, Kerala, Tamil Nadu, Orissa and
the union territory of Pondicherry. Our order book position is
around Rs 628 crore at the beginning of this fiscal, says
Says BHEL-PSSR general
manager (projects) K Ravi Kumar: We are expecting further
orders to the tune of 2, 500 mw. The projects include 500-mw
thermal projects in Bellary and Tuticorin, 2x250 mw from Neyveli
Lignite Corporation, 2x235 MW steam turbine generator sets for the
Kaiga atomic power project and hydel projects like 163 mw
Athirapally and 100 mw Kuttyadi both for KSEB.
Our plant load factor
(PLF) is 71.2 per cent, while the national average after taking
into account competition machines is 69.7 per cent, says
Kamalanathan. While BHEL generators at the Vijayawada power
station are working on a PLF of 92.7 per cent (the highest in
India), the North Chennai, Tuticorin and Mettur plants are working
at a PLF of 84.3 per cent, 87.4 per cent and 86.4 per cent,
respectively. Independent power projects (IPP)
are rewarded if their PLF exceeds 70 per cent. It is a different
matter that IPPs underrate their PLF to get usurious gains.
For the year ended 31 March 2002, BHEL-PSSRs performance was
good. The division posted a turnover of Rs 347 crore and before
tax profit of Rs 52 crore as against Rs 317 crore and Rs 39 crore,
respectively, clocked during the