Company Profile Bharat Heavy Electrical Limited: An Overview

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COMPANY PROFILE

BHARAT HEAVY ELECTRICAL LIMITED

An Overview-

The first plant of what is known as BHEL was established nearly 51 Years ago at Bhopal and was the

genesis of the heavy electrical Equipment industry in India. BHEL is, today the largest engineering

Enterprise of it kind in India with a well recognized track record of performance making earning profits

continuously since 1971-72 and achieved a sales turnover of Rs.21608 crores with a profit before tax of

more than Rs. 4000 in 2008-09.

BHEL caters to core sectors of the Indian Economy VI. Power generation & transmission,

industry, transportation, telecommunication, Renewal energy, defense, etc. The wide network

of BHEL’s 14 manufacturing divisions (working) & 2 manufacturing units under

construction, 4 power sector regional centers, 8 service centers, and 18 regional offices and

large number of project sites spread all over India and abroad enable the company to

promptly serve its customers and provide them with suitable products, systems and services

efficiently and at competitive rates.

The World Bank in its report on the Indian public sector has described BHEL as
“one of the most efficient enterprises in the industrial sector as per with international
standards of efficiency”

VISION, MISSION & VALUES

OF

BHARAT HEAVY ELECTRICALS LTD.

BHEL defines its vision, mission, values and objectives as follow:


 VISSION – To become a world class, innovative, competitive and profitable engineering

enterprise providing total business solutions.

 MISSION – To be the leading Indian engineering enterprise providing quality products,

systems and services in the field of energy, transportation, industry, infrastructure and the

potential areas.

 VALUES –

 Meeting commitments makes to internal and external customers.

 Fostering learning, creativity and speed of response.

 Respect of dignity and potential of individuals.

 Loyalty and pride in the company.

 Team playing.

 Zeal to excel.

 Integrity and fairness in all matters.

 OBJECTIVES- BHEL defines its objectives as follows:-

 Growth – To ensure a steady growth by enhancing the competitive edge of BHEL in existing

business, new area and international operations so as to fulfill national expectation for

BHEL.

 Profitability – To provide a reasonable and adequate return on capital employed,

primarily through improvements in operational efficiency, capacity utilization and

productivity, and generates adequate, internal resources to finance the company’s

growth.

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