With fresh orders for power equipment supply drying up in the domestic market, BHEL has stepped up its focus on export markets. And its efforts seem to be paying off.
BHEL’s presence has now expanded to 82 countries, with the company bagging orders for export of transformers and electronic cards to Chile and Estonia respectively.
With maiden orders for transformer bushing from Niquel Electric Ltda., Chile and Electronic cards from SCANFIL OY Vana Sauga, Estonia, BHEL has now expanded its global footprint to 82 countries across all the six inhabited continents, the state-owned power equipment maker said on Tuesday.
BHEL secured the highest ever export orders of over Rs.10,000 Crore from 23 countries in FY 2016-17, which also included its largest-ever export order for setting up the 1,320 MW Maitree Super Thermal Power Project in Bangladesh.
It should be noted that BHEL won the contract in international competitive bidding.
BHEL is continuously aligning its export strategy in line with global dynamics.
Latest posts by Team EnergyInfraPost (see all)
- BHEL Net Profit up by 51%; 100% Dividend DeclaredRenewed Thrust on Diversification to Drive Next Wave of Growth - September 20, 2019
- Essar Shipping recognised by US Coast Guard’s AMVER Award Programme - August 29, 2019
- Robust Q1 ushers Essar Ports closer to 60 MT cargo handling target - August 22, 2019