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Friday, June 4, 2010

BHEL's industry sector business clocks 40% growth in 2009-10

The government today said that state-run power equipment maker BHEL's industry sector business recorded a growth of 40 per cent at Rs 14,366 crore in 2009-10, over the previous fiscal.

"The industry sector business segment has recorded an all-time high growth of 40 per cent (in 2009-10) over the previous year," a statement from the Ministry of Heavy Industries and Public Enterprises said.

"Out of the total order booking of Rs 59,031 crore by BHEL in 2009-10, its industry business segment contributed to an order inflow of Rs 14,366 crore," it added.

In 2009-10, the major orders bagged by BHEL included that for a captive power plant of Rs 3,348 crore from Indian Oil for its co-generation power plant in Orissa.

Significantly, in the transportation segment, BHEL bagged the single-largest order worth Rs 990 crore for 150 electric locomotives from Indian Railways.

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