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Monday, December 7, 2009

BHEL to supply equipment to APGENCO project

State-run Bharat Heavy Electricals today said it has bagged an order from Andhra Pradesh Generation Company to supply equipment to its Kothagudem thermal power plant.

"BHEL today baged a Rs 27 crore order from Andhra Pradesh Generation Company (APGENCO) for supplying Phase Shifting Transformer for the Kothagudem Thermal Power Station," a company statement said.

Phase Shifting Transformer or PST is a combination of a shunt (a device which allows electric current to pass around another point in the circuit) and a series transformer, which helps relieve the transmission lines from overloading.

BHEL's scope of work in the contract includes design, manufacture, supply, civil works, testing and commissioning of the transformer, it said.

BHEL supplies power equipment to all major utilities in the country, including NTPC, PowerGrid and State Electricity Boards.

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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Thursday, Jul 17
11:30 Average Earnings Excluding Bonus (3Mo/Yr) 2 5.0% 4.9% 5.3% Revised from 5.2%
11:30 Average Earnings Including Bonus (3Mo/Yr) 2 5.0% 5.0% 5.4% Revised from 5.3%
11:30 Imports (MoM) 1 18,350M 19,448M Revised from 19,469M
11:30 Exports (MoM) 1 24,140M 23,456M Revised from 23,300M
11:30 Trade Balance 1 5,790M 4,008M Revised from 3,831M
18:00 Retail Sales (YoY) 1 3.3%
18:00 Retail Sales ex Autos (MoM) 2 0.3% -0.3%
18:00 Retail Sales Control Group 3 0.4%
18:00 Retail Sales (MoM) 3 0.1% -0.9%
18:00 Initial Jobless Claims 2 235K 227K
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