The secretary of the Department of Heavy Industry (DHI), Ministry of Heavy Industries and Public Enterprises, Asha Ram Sihag reviewed the performance and future readiness of Bharat Heavy Electricals Limited (BHEL) during a visit to the company’s Corporate Office at Siri Fort, New Delhi.
The BHEL chairman and managing director Atul Sobti and all functional directors on the board of BHEL were among those present on the occasion. The performance, challenges faced, key initiatives taken and strategies for future readiness of BHEL were reviewed by the secretary in the meeting which was also attended by other senior officials of BHEL and DHI.
According to BHEL officials, Sihag was presented an overview of the performance trends of the company, manufacturing prowess, project execution strengths, diversification plans and initiatives taken for enhancing competitiveness and building research and development capabilities, among others.
Appreciating the role of BHEL as the pillar of India’s heavy electrical equipment industry since its inception, the secretary commended the company on attaining a global installed power generating capacity of 180 GW.
The secretary also appreciated the varied business portfolio of BHEL, the range of activities that the company is undertaking and the manner in which the company is addressing the challenges through innovative business propositions, which are all signs of a vibrant organisation.
Considering the inherent strengths of the company, he advised BHEL to focus on competitiveness, innovation and leveraging digital technologies. While appreciating the company’s emphasis on diversification, he stressed on the need to stay focused in these initiatives with clear strategies and targets.
Sihag lauded the approach that the company is adopting to create new markets, and suggested building flexibility into the organization itself as a culture. Mentioning that the country is proud of an organisation like BHEL, he acknowledged that the company’s employees are its true asset. The secretary assured BHEL of all necessary support from the Ministry of Heavy Industries and Public Enterprises. Read more