* RESULTSRESULTS RESULTSRESULTS ACHIEVEMENTSACHIEVEMENTS ACHIEVEMENTSACHIEVEMENTS PERFORMANCE

On behalf of our Valves family, We would like to convey our sincere thanks for the contribution done by every one of you to enable us achieve and surpass the targets. GM (Valves)

Valves :: Performance

VALVES – CASH COLLECTION Against Actuals % increase to MARCH 2010 Actuals BudgetR.E FlashActuals Despatch %8049 Advance %3155 Total %11204 * Record collection of 112 Crs. in a single month * Record Despatch collection for FY : 389 Crs * Total collection is 21% more than last year Rs Lakhs

TURNOVER :-  An all time high Completions of Mts,valuing Rs 783 Cr achieved, which is 26% higher than the previous year. ORDERBOOK :-  Rate Contract with Daleel Petroleum OMAN extended for one more year up to May 10. Order to a total value of Rs.3.5 Crs for 36 sets obtained.  Order booking for Valves crosses 1000 Crs. mark for the first time.  Order worth Rs.75 Crs. received for Oil Field Equipment. CASH COLLECTION :-  Cash Collection of Rs.472 Crs achieved which is 21% higher than the previous year. MAJOR HIGHLIGHTS ::

IMPROVEMENT INITIATIVES New Product Development:  Design developed for Hot Reheater Isolating device Size 28”-Class 900 in C12A Material and supplied to Dadri 5 & 6, Simhadri 3 and Jajjar 1, 500 MW Projects.  Modified Portable Safety Relief Valve developed and have been commercialised.  CE marking approval obtained for Electro-matic Relief Valve and Direct Water Level Gauge to enable supply to Koniambo project.  Y Type Globe Valve-1500 class was successfully manufactured. These valves will have less pressure drop in applications & these valves will replace existing T type valves in future.  Angle Type Turbine By Pass Valve AV 140 has been successfully manufactured and tested for North Chennai 600 MW. The same type Valves will be supplied for all on going 600 MW projects.  Check Valve 1”4500 class manufactured which is highest rating in the forged steel category required for super critical units.  Angle Drain Valve were successfully manufactured & commercialized. These valves were hitherto imported for 250,500 and 600MW by Hardwar & Hyderabad. Expected turn over is 25 Crs annually. Also NTPC has approved our Angle Drain Valves for Bongaigoan 2X 250 MW Projects..

IMPROVEMENT INITIATIVES New Product Development: (contd…..)  Design developed for 15 new types of valves to 660 and 800 MW Super Critical Units.  Successfully developed Air diverter Valve (Spiess valve) for FBC & HRSG and supplied to SLPP- GIPCL. Earlier this valve was imported from only one source M/s. Laun, Germany.  4 nos of BHEL developed Severe Service Control Valves for Super Heater &Reheater Spray Lines for Raichur 250MW Unit. Parametric Analysis Parametric Analysis for “High Pressure Gate Valves” successfully developed in association with M/s Design Tech., Hyderabad. This will enable to develop any new size/rating within a short time of 10 days. Other highlights. Extensive use of Reverse Auction in finalising Major Rate Contracts / Tenders for Castings, Forgings and Sub-deliveries conducted for Procurement- resulted in saving of Rs. 625 Lacs. Rate contract finalised for the first time for all Sub-contracting items..

OTHER HIGHLIGHTS (Contd…..) Elbowdown Valve body developed in fully machined condition from a firm in Coimbatore which is towards enhancing manufacturing capacity towards achieving for MW capacity annually. Outside source developed for electroplating, this is towards eliminating effluents generation and to meet the guidelines of environmental concerns. Elimination of threading operation in 20” class Gate Valves (Main Steam Stop Valve),16” and 20” Quick Closing Non Return Valve leading to cycle time reduction. Indigenous manufacture of pneumatic actuators for OFE successfully established and supplied 50 Nos. Record supply during the year :-  26 Nos. of Main Steam stop valves for 500 MW as against 12 Nos. previous year.  120 Nos. of Elbowdown Valve for 500 MW as against 42 Nos. during previous year.  11 Nos. 32”600# Cold Reheat Non Return Valve as against 3 Nos. during previous year.  20 Nos. HP Bypass system – ARS 140 as against 4 nos during previous year..

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