BHEL Ranipet eyes Rs 2,000 crore turnover this fiscal
| Bharat Heavy Electricals Limited (BHEL), Ranipet in Vellore district, has projected a turnover of Rs 2,000 crore during the current financial year 2008-09. |
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| AV Krishnan, general manager, in charge of the boiler auxiliaries plant, said the PSU had been logging 30 per cent growth and was targeting a profit before tax of Rs 300 crore this year. |
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| The Ranipet unit has undertaken a Rs 117.42-crore modernisation and expansion, which would be completed by December 2009. |
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| Post modernisation, the company's installed capacity would increase to 15,000 Mw from 10,000 Mw now. |
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| It currently has about 300 sub-contractors. Krishnan said a few entrepreneurs from Krishnagiri, Dharmapuri and |
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| Earlier, addressing the media he said Ranipet's operations reported an all-time high turnover of Rs 1,415.25 crore in the year 2007-08, up 13 per cent over last year, while profit before tax was at Rs 208.14 crore. |
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| The order book stood at Rs 4,658 crore, which includes orders worth Rs 2,939 |