BHEL expecting turnover of Rs 45000 cr by 2012
AK Puri, CMD, BHEL said that their order book, as on July 1, stood at Rs 62,400 crore.
He added that they expect to bag a major part of the 11th plan orders. According to Puri, BHEL’s FY09 turnover may be in excess of FY07. He added that over the next few years, they see a growth CAGR of 18-20%. He also said that they are expecting a turnover of Rs 45,000 crore by 2012.
Puri said that the near-term capex of Rs 3,200 crore will be funded by internal accruals. He added that the first phase to 10,000 MW will be completed by December 2007. Meanwhile, the second phase to 15,000 MW will be completed by 2009.
