BHEL unit suffers Rs 150 crore loss due to Coronavirus lockdown

Bhopal: The BHEL unit in the state capital is badly affected due to the ongoing lockdown. Senior officials have claimed that the unit has incurred around Rs150 crore loss in the last one month. An important overseas project of manufacturing transformers for a 660MW power station in Bangladesh has also been stalled due to the complete shutdown of the factory.

With state-of-the-art facilities, BHEL-Bhopal manufactures a wide range of electrical equipment and the product range includes hydro, steam, marine and nuclear turbines, heat exchangers, hydro and turbo generators, transformers, switchgears, control gears, transportation equipment, capacitors, bushings, electrical motors, rectifiers, oil drilling rig equipment and diesel generating sets.

A senior official of BHEL seeking anonymity claimed that the shutdown has made severe monitory consequences. “As the entire work is closed, there will be an effect in the turnover this year,” he said.