ICRA Assessment of GST Impact on Power Sector

ICRA Assessment of GST Impact on Power Sector

Sector Pre-GST Post-GST Impact Power Sector Impact – Thermal – Marginally Positive, Wind – Marginally Negative Reduction in tax rate on domestic coal provides a relief in the cost of power generation even after accounting for an increase in capital cost (due to higher tax rates in boiler, turbine, generator segment).  On the other hand for wind […]

BHEL regains growth & profitability, Surpasses 12th Plan Capacity Addition Target

Wins largest-ever export order; Forays into Power Generation; Focus on Diversification to Drive Next Wave of Growth

BHEL regains growth & profitability, Surpasses 12th Plan Capacity Addition Target

State-owned Bharat Heavy Electricals Limited (BHEL) said on Monday that it has has achieved double digit growth in its topline and bounced back into profit in fiscal 2016-17, ending the year with significant traction in growth drivers.