About Bharat Heavy Electricals Limited (BHEL)

Bharat Heavy Electricals Limited (BHEL) is a leading company in India’s capital goods sector, incorporated in 1964 and majority-owned by the Government of India (63.17% equity). Operating across the power and industrial sectors, BHEL provides equipment, systems, EPC solutions and services spanning thermal, hydro, gas, nuclear and solar PV power generation, as well as power transmission, rail transportation, defence, aerospace, oil & gas and other core industries. The company has a pan‑India manufacturing footprint of 16 plants producing capital goods for domestic and export markets.

BHEL’s positioning is underpinned by deep domain experience and scale: more than 205 GW of power-generating equipment has been installed in India and abroad; it has supplied 469 coal-based utility sets, 105 gas-based utility sets, 23 diesel sets, 430 hydro sets and 14 nuclear sets since inception, and delivered over 7,95,000 MVA of transmission equipment. The company is the sole domestic manufacturer of nuclear turbine generator sets, contributing 56% of India’s installed nuclear capacity, and maintains long-standing credentials in HVDC transmission with six major HVDC projects executed. Internationally, BHEL’s export footprint spans 91 countries across six continents; it reports more than 13 GW installed overseas and 3.5 GW under execution.

Bharat Heavy Electricals Limited’s Business Segments

• BHEL operates two business segments—Power and Industry—driven by the Power Sector, Industry Sector and International Operations divisions.
• Industries served: Power (coal/lignite, gas, hydro, nuclear), spares & services and coal-to-chemicals within the Power Segment; and transportation, transmission, defence & aerospace, captive power, process industries, renewables, upstream/downstream oil & gas, e‑mobility and energy storage within the Industry Segment.
• Revenue by industry vertical (FY 2024–25): Power accounted for Rs. 20,937 crore (74%) and Industry Rs. 7,402 crore (26%), totaling Rs. 28,339 crore of revenue from operations.

 

Bharat Heavy Electricals Limited Key Management

 

• K. Sadashiv Murthy, Chairman & Managing Director .
• Rajesh Kumar Dwivedi, Director (Finance) & CFO .
• Tajinder Gupta, Director (Power) .

Latest Updates on Bharat Heavy Electricals Limited

FY 2024–25 marked a step-up in activity, supported by a resurgent thermal cycle, major grid projects and strong execution.

• Highest-ever order inflow of Rs. 92,535 crore and a record year-end order book of Rs. 1,96,328 crore.
• Power sector momentum: 14.6 GW of thermal orders secured from public, state and private utilities; ~8.1 GW capacity addition/commissioning/synchronisation achieved during the year .
• Nuclear and hydro highlights: Delivered the 45th Steam Generator for GHAVP; developed and tested India’s highest‑rated 240 MW Francis turbine model for NHPC’s 12×240 MW Dibang project; commissioned three units of the 6×170 MW Punatsangchhu‑II hydro project in Bhutan .
• Defence and aerospace: Delivered and commissioned the first upgraded Super Rapid Gun Mount onboard INS Nilgiri .
• Strategic partnerships and diversification: BHEL and Coal India Ltd established a joint venture, Bharat Coal Gasification and Chemicals Ltd, to develop domestic coal-to-chemicals capacity; strategic partnership agreements were also signed across rail transportation, renewables and defence systems .