State-owned Bharat Heavy Electricals limited (BHEl) has managed to retain its market leadership position during FY14 despite a difficult business environment and witnessed its 'highest ever' commissioning of power plants in both domestic as well as foreign markets during the period, mainly due to improved focus on project execution.
In a statement issued by the company, it commissioned/synchronized 13,452 MW of power plants in domestic and international markets. Apart from this, BHEl's orders in the industrial segment witnessed a 23 per cent jump in FY14 over the corresponding period at Rs 5,007 crore.
Apart from this, the company's order book in the spares & services segment saw a 19 per cent jump at Rs 3,433 crore in FY14, while in the international segment BHEl's order book witnessed 28 per cent increase over the previous fiscal at Rs 2,567 crore.
BHEl bagged a major EPC order worth Rs 7,900 crore from NTPC for its 3X660 MW supercritical units under the North Karanpura project.
According to the statement, focus on cost optimisation through increased localisation of supercritical technologies and higher value addition, among other factors, helped the company in its margins.