ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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HINDUSTAN BROWN BOVERI-Prestigious Contracts

HVDC line fully developed indigcnously tor APEB. The rotating machinery division manufacturing electric motors con tinued to be under pressure due to adverse market conditions. The management has initiated steps for the rationalisation and restructuring of the division. 115 employees of the division opted for early retirement under a voluntary retirement scheme. The project engineering division continued to face severe competition, though it received the single largest con- tract from SAIL for power distribution and telecom package for the Durgapur Steel Plant modernisation valued at Rs 779.4 million. This is the company's share in the total order of the value ol Rs 1,235 million to be executed by the consortium of contractors, with the company acting as the leader of the consortium. Work on the other prestigious contract for the construction of combined cycle power plant at Anta in Rajastban for the NTPC is progressing satisfactorily. Total order book of the company at the end of 1988-89 stood at a comfortable level of Rs 2,372 million.

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