BHEL Full Form- What is the Full Form of BHEL?

BHEL full form is Bharat Heavy Electricals Limited and is a manufacturing company nestled in New Delhi, India. The organization conducts construction, manufacturing, engineering and servicing of a wide array of products for various industries. It is controlled and supervised by the ministry of heavy Industries, Government of India. BHEL has earned the reputation of being one of the largest manufacturers of power generation equipment. Read our article to gain a comprehensive insight into the operations, functions and services of BHEL.

Highlights on BHEL

What is BHEL Full form?

The full form of BHEL is Bharat Heavy Electricals Limited which manufactures products for core sectors like transportation, defense, renewable energy, power transmission, etc. Since its inception, the organization has proven its worth in delivering 20,000 MW p.a of power equipment for meeting the growing demand for power-generating equipment. 

Besides serving the Indian market, BHEL’s manufacturing units are spread across 21 countries that include Oman, New Zealand, Bhutan, Iraq, Egypt and UAE. Amongst the top corporate sectors of India, BHEL investment accounts for the largest in R & D. 

A Brief Overview of BHEL

BHEL has been operating in India for almost forty years and has succeeded in becoming a widely recognized Heavy Electrical Equipment industry. The company had started its journey as manufactures of electrical equipment but with time it diversified its product range and included other genres of the product including fertilizers, oil exploration, metals, steels, non-conventional energy sources and many more. 

Bharat Heavy Electricals Limited has 15 manufacturing units in India, the company manufactures technological products for various power sectors like heat exchangers, turbines, steam turbines, boilers, pumps and electrical switch gears. 

If we try categorizing the company’s operation into sectors then its services are conducted across three main sectors including the power industry, telecommunication and renewable energy. The company has received certification in Quality Management Systems, occupational health and safety and environmental management. 

History of BHEL

BHEL has succeeded in attaining the reputation of being one of the largest manufacturers of power generation products. This section will help you get a fair idea of the historical background of this India’s top organization.

• In India, BHEL was established as an indigenous heavy equipment industry in 1964.
• BHEL had its merger as a limited public enterprise with the association of heavy electricals limited.
• Since its establishment, the company has been actively involved in the manufacturing of a wide array of electrical, mechanical and electronic products for various industries including oil and gas, transportation and other sectors.
• Though it has served different sectors, the maximum part of BHEL's revenue comes from the selling of boilers, generators and other power plant products.
• In 2017, BHEL succeeded in producing 55 per cent of the country's total electricity by offering appliances.
• Indian Railways and defense services are indebted to BHEL for offering a wide range of products and services.

List of Products and Services BHEL Offers

Let’s take a dive into the wide array of products and services Bharat Electrical limited offers to the core industries nestled across India. 

• Power
• Pumps
• Seamless steel tubes
• Soot blowers
• Steam generators
• Boilers
• Fans
• Gas turbines
• Turbogenerators
• Oil rigs
• Heat exchangers
• Compressors
• Valves
• Gearboxes

Top industries served by BHEL in India

• R& D products
• Transmission
• Transportation
• Non-conventional energy source
• Industrial systems

SWOT Analysis of BHEL

BHEL has provided almost 60% of India's power generation equipment since 1976. The organization has proved to be one of the major contributors to the country’s economy. To date, BHEL has been able to set up its units in 83 countries, and they are playing a key role in working to create technologies that produce low carbon footprints. 

To get a clear understanding of BHEL, we need to undergo a SWOT analysis

Strengths:

• Since its formation, the company has portrayed a strong base in engineering. It is one of the largest producers of power generation equipment like boilers, turbines, electric motors, heat exchangers etc.
• The company constantly takes efforts towards innovation and development of its products and services. Almost 2.5 per cent of the company’s revenue is devoted to R&D.
• They are known to manufacture high-quality products.

Weakness:

• Compared to the international units, BHEL’s manufacturing units in India have a long delivery time.
• BHEL’s project Rampal is criticized for affecting the environment as it is located near the mangrove forest of Sundarban.

Opportunities

• The country creates a huge demand for generating power and BHEL can reap the benefit of manufacturing power-generating products to meet the growing demands.
• BHEL can get immense opportunities in working on defense projects.
• Since it is operating in the market for a longer period, it has higher market exposure.

Threat

• Associations have resulted in reducing the turnover of the company.
• BHEL has to compete with top national and international organizations.

Operations of BHEL at a Glance

BHEL is actively engaged in the designing, manufacturing, constructing and servicing of core products and systems that boost the country’s economic growth. The organization operates through a wide network, there are almost 16 manufacturing units, 15 regional centers, seven joint ventures, 8 service centers, and two repair units. 

The company is gradually developing its infrastructure to execute almost 150 projects both in India and abroad. BHEL, full form of which is Bharat Heavy Electricals Ltd, succeeded in acquiring 74% of the market share of the power sector in 2015-16, a great achievement for the organization. 

With the increasing efficiency to design and deliver projects, BHEL was able to commission a record-breaking 15059 MW power plant that accounted for both national and international markets. Over a period of 40 years, the organization has taken initiatives to bring innovative approaches into the power sector. To achieve their objective they are investing in R&D.

Awards and Recognition

• BHEL received Golden Peacock Award in 2011 for healthy and safe occupational condition

• The company earned the reputation of being the ninth most innovative organization in the world

• Bharat Electrical Limited won EEPC’s top export award for 20 consecutive year

• To foster the highest market growth in 2006-07, the company won the MoU excellence award.

• BHEL received the prestigious Rajiv Gandhi Quality Award in 1995.

Hopefully, you have gathered adequate knowledge regarding BHEL’s operations, product range and achievements. Despite criticism, the organization has succeeded in bringing innovation into the power generating equipment sector and is gradually growing.