Production Targets Set by BHEL



Production Targets Set by BHEL
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The production targets and corresponding achievements thereto of Bharat Heavy Electricals Limited (BHEL) are captured in the financial turnover of the Company. The details in this regard during each of the last two years and current financial year viz. 2013-14, 2014-15 and 2015-16 (upto 3rd Quarter) is given below:  

Details of production targets and achievements during the last two years and current financial year viz. 2013-14, 2014-15 and 2015-16 (upto 3rd Quarter)
                                                              Amount figures in Rs. Crore
Financial Turnover : BHEL
2013-14
2014-15
2015-16
Target (as per MoU)
43,000
45,600
46,073 (Full Year)
Actual
40,338
30,947
16,247 (upto 3rd Quarter)
The details of major vacancies/posts including those advertised from the year 2014-15 till February 2016 in BHEL along with the time by which these are likely to be filled is given below:-
A.        Board level vacancies

Vacancy as on 31.03.2015 (nos.)
Vacancy as on 24.02.2016
(nos.)
Remarks
Functional Directors
0
1
(viz. of Director, Power)
Presently, CMD/BHEL is holding additional charge of the post of Director (Power) w.e.f. 01.01.2016. The process of filling up of the vacancy is underway.
Independent Directors
6
3
The matter of filling up of the 3 vacancies is under process.



B.        Executive Director (E9) level vacancies

Position
Vacancy as on 31.03.2015 (nos.)
Vacancy as on 24.02.2016 (nos.)
Remarks
Executive Director (E9)
1
13
These vacancies are generally filled by promotion of internal candidates of General Manager (E8) level. The process of filling up of these vacancies is expected to be taken up during 2016.

C.        Other major vacancies/posts (advertised from year 2014-15)
Position / Grade and Function
Numbers sanctioned
Remarks
Safety Officer / E1
1
Selection completed. Joining in progress.
E3 – E5 / Transformer Group
14
Selection completed. Joining in progress.
Engineer Trainee – Special Recruitment Drive for Persons with Disabilities (PwDs)
34
Joining in progress. Likely to be completed in March 2016.
E3 – E5 / Law
10
Likely to be completed by May 2016.
Engineer Trainee (ET) / Engineering
200
Likely to be completed by August 2016.


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Closure of HMT Watch Factory Ranibagh

Cabinet Committee on Economic Affairs (CCEA) in its meeting held on 06.01.2016 has approved the closure of three subsidiaries of HMT Limited including HMT Watches Limited which includes Ranibagh unit in Uttarakhand.

.As per the CCEA approval, all the employees of these companies would be offered attractive VRS/VSS package at 2007 notional pay scales with gratuity and leave encashment also at 2007 notional pay scales, in relaxation of DPE guidelines.

This information was given by Minister of State for Heavy Industries and Public Enterprises Shri G.M.Siddheshwara in reply to a written question in the Rajya Sabha today.

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Revision of Policy Towards Heavy Industries

Department of Industrial Policy and Promotion has informed the list of items reserved for the Public Sector is reviewed from time to time depending upon the overall economic and strategic requirement of the country.  The existing list of industries reserved for the public sector is given below:-

LIST OF INDUSTRIES RESERVED FOR THE PUBLIC SECTOR

1.                  Atomic Energy (Production, Separation or enrichment of special fissionable materials and substances and operation of the facilities)*

*Notification  No. S.O. 2630(E) dated 19.10.2009 of Deptt. of Industrial Policy & Promotion, Ministry of Commerce & Industry, Govt. of India.

2.      Railway operations other than construction, operation and maintenance of the following:**

(i)   Suburban corridor projects through PPP, (ii) High speed train project, (iii) dedicated freight lines, (iv) Rolling stock including train sets, and locomotives/coaches manufacturing and maintenance facilities, (v) Railway Electrification, (vi)signaling systems, (vii) freight terminals, (viii) Passenger terminals, (ix) infrastructure in industrial park pertaining to railway line/sidings including electrified railway lines and connectivity to main railway lines and (x) Mass Rapid Transport systems.

**Notification No. S.O. 2113 dated 22-8-2014 of Deptt. of Industrial Policy & Promotion, Ministry of Commerce & Industry, Govt. of India.

This information was given by Minister of State for Heavy Industries and Public Enterprises Shri G.M.Siddheshwara in reply to a written question in the Rajya Sabha today.

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