Page 76 - August-2020-Issue

BEL Achieves Record Turnover

in Excess of Rs.12,500 Crores

harat Electronics Limited executed during FY 2019-20 parts, etc. BEL’s CMD, Mr. M. V.
(BEL) posted a turnover in were Command & Control Gowtama, said, 'The global lock-
Bexcess of Rs.12,500 crores Systems, Thermal Imagers for down due to COVID-19 and the
(Provisional & Unaudited) dur- tanks, Upgrade of communica- economic slowdown had some
ing the Financial Year 2019-20. tion system, Land Based EW sys- impact on BEL during the last
The company had a growth of 6% tems, Weapon Repair Facility, month of the last quarter of FY
over the previous year's turnover Electronic Fuzes, various Radars, 2019-20. Execution/ acceptance
of Rs.11,789 crores. Smart City Projects, Delhi of some of the major projects
BEL's Order Book as on 1.4.2020 CCTV project, Schilka Upgrade, could not be completed due to
was Rs. 51,800 Crs. The year saw Avionics Package for LCA, Force Majeure which otherwise
BEL securing significant orders Classroom Jammers, Real Time would have further contrib-
worth Rs. 13,000 Cr. Some of the Information System for Railways uted to BEL’s revenues during
major orders acquired during the and LRSAM. FY 2019-20 itself. However, BEL
year are Akash (7 Sqdn), Coastal BEL achieved Export sales of US$ remained focused on enhance-
Surveillance Systems (CSS), 48.59 Million during FY 2019- ment of its capabilities and
Upgrade for EW system, Radars, 20. Major products exported in- competitiveness through di-
AMCs for Radars & Weapon cluded Cable Looms, Coastal versification, continuous mod-
systems, Software Defined Surveillance System Spares, ernisation, indigenisation and
Radio (SDR), Sonars, Advanced Radar, Compact Multi-Purpose outsourcing to Indian indus-
Communication Systems, etc. Advanced Stabilization System tries with increased thrust on
Some of the flagship projects (CoMPASS), Electro Mechanical MSME sector.

GAIL in Readiness to Quick Start

Project Execution, Post Lockdown

AIL is in readiness to catch-up plans for various loca- labourers working at various
resume construction of tions and work fronts to ensure sites/camps during the lockdown
Gvarious hydrocarbon in- timely completion and avoid period for ensuring safety of all
frastructure projects of national any slippages. Graded measures concerned. Detailed SOPs / pro-
importance, post lifting of the in the short to medium term tocols have also been devised for
COVID-19 led lockdown. In order shall be rolled out starting with ensuring hygiene and social dis-
to kick start the crucial infrastruc- the support of local administra- tancing norms, promoting use
ture projects to enable expansion tive authorities across the States. of masks at the project sites and
of the gas based economy, GAIL The Company has in the mean- work stations in compliance with
along with its Subsidiary and while facilitated arrangements the instructions/ guidelines is-
JV companies has chalked out for continued stay of the migrant sued by the Government of India.

76 KaleidOscope May, 2020