Saturday, April 23, 2016

BHEL - - Productivity and Industrial Engineering Initiatives and Achievements







2014
Bhopal executive director Shashi Ranjan Prasad  urging staff to enhance the productivity level through LEAN method.
http://timesofindia.indiatimes.com/city/bhopal/National-productivity-week-ends-at-BHEL/articleshow/30833811.cms


2012
The Boiler Auxiliaries plant (BAP) of Bharat Heavy Electrical Limited (BHEL) at Ranipet has bagged the ‘Best Productive Unit’ trophy from among all the units of BHEL this year.

The plant’s capacity was increased to deliver 20,000 MW per annum. The plant has obtained 21 patents and 46 copyrights. Measures were taken to reduce material consumption, increase  manpower efficiency and reduce cycle time through e-procurement. A total of 500 productivity improvement projects were undertaken during the year and this helped in achieving the higher profit during the year with ease, according to Executive Director, T.N. Veeraraghavan.
http://ibnlive.in.com/news/bhel-ranipet-is-best-productive-unit/246253-60.html



2009

TIRUCHI:

Productivity was key to progress alongside technological advances and the five Ms (man, machine, materials, management and money), Executive Director of Bharat Heavy Electricals Limited A.V. Krishnan said on  12 Octber 2009.

The progress of Japan was due to productivity improvement that was pursued as a strategy. Despite the setbacks it faced in the world war, Japan could rise to become the second biggest economy of the work. Even, and India adopted productivity concept right from the late fifties and it helped us to reach the current levels of national development. These instances were cited by Mr. Krishnan to buttress his point during his Foundation day Golden Jubilee Address of the Tiruchirapalli Productivity Council. The council was established on October 12, 1959.
http://www.thehindu.com/todays-paper/tp-national/tp-tamilnadu/productivity-key-to-progress-bhel-executive-director/article160942.ece


2000
Bharat Heavy Electricals Ltd (BHEL) has bagged the Best Productivity Performance Award in the `Heavy Engineering Industries' category for 1997-98. The awards was from  the National Productivity Council (NPC). BHEL's heavy electrical equipment plant at Hardwar has won the best productivity performance award. Certificate of merit were given to central foundry forge plant at Haridwar and  the electroporcelains division, Bangalore.
http://www.thehindubusinessline.com/2000/08/23/stories/022346cj.htm








Value Addition Statement (` in Crore)
Description                                                                2014-15   2013-14   2012-13   2011-12    2010-11
A. Generation of Value Addition
Value of Production
(less excise duty)                                                          29755    37077      47219        47815       41527
Less - Direct Material, Power & Fuel and Payments to
Contractors                                                                   17772    22031       27759       28717       23051
Value Added                                                                 11983    15046       19460       19098       18476
Less - Other Operating Exp                                           3224       2982        3196         2479          3461
 (Net of income)
Net Value Addition                                                        8759      12064      16264       16619       15015
% to value of production                                             29.44%    32.54%    34.44%     34.76%   36.16%
B. Application of Value Addition
Employees payments                                                     5450         5934        5753       5466          5410
% to net value addition 62.22% 49.19% 35.37% 32.89% 36.03%
Depreciation 1077 983 953 800 544
% to net value addition 12.30% 8.15% 5.86% 4.81% 3.62%
Financing charges :
- Interest on borrowings 92 133 125 51 55
% to net value addition 1.05% 1.10% 0.77% 0.31% 0.36%
Tax Provision (Income Tax, Def. Tax & Prior Period) 721 1554 2818 3262 2994
% to net value addition 8.23% 12.88% 17.32% 19.63% 19.94%
Dividend (incl. dividend tax) 341 810 1544 1821 1775
% to net value addition 3.90% 6.71% 9.49% 10.95% 11.82%
Retained Profit                                                              1078          2651          5071      5219          4236
% to net value addition 12.30% 21.97% 31.18% 31.41% 28.22%

From BHEL 2014-2015 Annual Report.


Updated  23 Apr 2016,  13 Feb 2015