BHEL achieves 20% of its turnover through in-house R&D in FY-09

Bharat Heavy Electrical (BHEL), the state run electric equipment maker, has reported a turnover of Rs 5,405 crore or 20% of the total turnover of Rs 27,505 crore reported in FY09, through products and systems developed by its in-house research and development initiative.

The company invested over Rs 650 crore on research and development and filed 202 patents and copyrights during 2008-09.