State-run engineering firm Bharat Heavy Electricals Ltd (BHEL) logged over 17 per cent growth in new orders bagged in 2022-23 to Rs 23,548 crore compared to the previous year due to its diversified business approach.
BHEL secured new orders worth Rs 20,078 crore in 2021-22, according to a company statement.
“BHEL secured orders worth Rs 23,548 Crore (excluding taxes) during 2022-23 in its power, industry and export segments and the company ended the year with a total order book of over Rs 91,336 crore (excluding taxes),” it stated.
The latest outstanding order book has crossed Rs 1,00,000 crore (excluding taxes) with the finalisation of the prestigious Vande Bharat trainset order in April 2023, it explained.
