Imp Act Aug10
Imp Act Aug10
Imp Act Aug10
• Order booking:
Significant Milestones:
• In power sector, major milestones achieved during the month include Capacity
Addition of Baramura 21 MW Open Cycle and Synchronisation of Kuttyadi Unit-2
(2x55 MW Hydro).
• In Industry sector arena, major achievements during the month include
Synchronisation of Unit-2 of BORL, Bina (3x 33 MW STG), Unit-1 of ACC-Wadi-
2x25MW and Coal firing of Unit-10 Nalco, Angul (2x120MW).
• In overseas market, the major achievements during the month include Completion of
reliability run of Unit-1(157 MW) Western Mountain (Extn) Libya.
Representation in Exhibition:
BARKI TOJIK Team from Tajikistan visited BHEL Bhopal and Bangalore
units and the Indira Sagar Hydro Power Plant from 18th -25th August 2010
and appreciated BHEL’s presence in the field of Hydro Power.
The Voluntary Retirement Scheme was notified and 83 eligible employees who
availed VRS were relieved on 31st August, 2010. Rs. 7.50 crore was sanctioned by the
Govt. for implementation of Voluntary Retirement Scheme.
III Report of the Task Force set up by Hon’ble Minister (HI&PE) on the issue
of merger of/ MoU between the three engineering companies namely; (i)
Engineering Projects India Ltd. (ii) Bridge & Roof Company Ltd. and (iii) BBJ
Construction Company Ltd. under the administrative control of Department of
Heavy Industry has been received and accepted by the Govt. at the level of
Minister (HI&PE) In the said Report, following modalities/course of action has
been spelt out to achieve the merger:-
(i) Initially, the three CPSEs may enter into a MOU to work together in
all their activities and operations till such time as the merger is
effected by Government of India with a time frame of say, 6
months.
(ii) Based on the MoU entered, the three companies would execute
common projects for a period of 6 months, during which due
diligence and detailed analysis will be done to sort out the merger
related issues before entering into a full merger.
The concerned PSEs have been advised to take further action in the light of
recommendations of Task Force.
Board India Pvt. Ltd.(CEB) conducted half-day workshop on 30th August, 2010
for Senior Executives of PSEs under this Department, located in Delhi region, on
benchmarking and best practices in the functional areas of Finance, strategy and
Human Resources.