BGR Energy Systems Ltd
NSE: BGRENERGY BSE: 532930
₹329.85
(-4.60%)
Fri, 27 Feb 2026, 01:05 am
Market Cap23.84B
PE Ratio0
Dividend0
Industrial Services
Engineering & Construction
24.5KCompany History
1985
- Incorporated as GEA Energie Systems India Private Limited on February 18.
1986
- Name changed to GEA Energy System (India) Private Limited by shareholder resolution on October 17.
1987
- Fresh certificate of incorporation issued consequent to name change on April 3.
- Entered joint venture with GEA Energietechnik Gmbh, Germany in February.
- Established first manufacturing facility at Pannamgadu, Andhra Pradesh in February.
- Issued 60,000 equity shares to GEA Energietechnik Gmbh on September 6.
- Commenced operations through joint venture with GEA Energietechnik Gmbh.
1993
- GEA Energietechnik Gmbh divested its stake.
- Shareholders passed special resolution to convert to public limited company on December 10.
1994
- Acquired Schmitz Gmbh in Germany.
- GEA Energietechnik Gmbh shares transferred to Promoter Group entities on March 31.
- Fresh certificate of incorporation issued on conversion to public limited company on March 3.
- Entered license and technical collaboration with GEA Btt, France in January.
- Progen Systems and Technologies Limited incorporated in January.
- Progen entered license and technical service agreement with GEA Spirogills Limited, UK in April.
- Entered collaboration for air cooled heat exchangers with GEA Btt, France.
- Entered license agreement with GEA Spirogills Limited UK for welded finned tubes.
1995
- Air Fin Cooler business commenced commercial operations in October.
1996
- Entered collaboration agreement with GEA Germany to set up GEA Cooling Tower Technologies India Private Limited in March.
- Acquired 30% stake in Cuddalore Power Company Limited in February.
- Energy business obtained ISO 9001 certification in January.
1997
- Established power projects business.
- Progen Systems and Technologies Limited commenced commercial operations in December.
- Won two contracts from Tamil Nadu Government for power projects in Gumnidipandi and Perunthurai in March.
1999
- Schmitz India Private Limited commenced commercial operations in May.
- Developed capability to manufacture sponge cleaning walls through Schmitz India Private Limited.
2000
- Entered technical collaboration agreement with Crane Environmental Inc, USA in September.
- Secured first balance of plant contract from BHEL in September.
- Power projects business commenced providing balance of plant services.
2001
- Commenced operations in oil and gas sector.
- Secured contract from BHEL for balance of plant equipment for 23 MW coal-based captive power plant for Grasim Industries in July.
2002
- Entered JV agreement with MECON Limited for NHAI projects in September.
2003
- Secured first EPC contract for 120 MW gas-based combined cycle power plant in Karuppur, Tamil Nadu in April.
- Built and supplied debris filter for nuclear power plant in Taiwan in June.
- Entered JV agreements with MECON Limited for NHAI projects in September 2002 and April.
- Supplied deaerator for 500 MW nuclear power station in March.
2004
- Secured first order for electrical installations for 132 MW hydropower plant in November.
- Entered arrangement with Qingdao Jieneng Power Station Engineering and Sichuan Chuanghua Boiler for boilers in November.
- First supplied debris filter for hydro plant at Saramah, Malaysia in October.
- Entered arrangement with gas turbine manufacturer for independent EPC contracting for power projects in July.
- Secured order for treating textile effluents with V-SEP technology in May.
- Air fin coolers business increased capacity by 50% in May.
- Supplied equipment for offshore projects to ONGC in April.
2006
- Entered business acquisition agreement on January 2 with VP Engineering Consultancy Services.
- Electrical projects business obtained category 'F' power trading license in December.
- Secured single largest export order for gas gathering and processing plant from State Company for Oil Projects, Iraq in December.
- Signed MoU with Ariel Corporation in March.
- Electrical projects won contract for gas insulated switchgear from Hyundai Motors India in January.
- Commenced provision of EPC services for captive power plants.
2007
- Name changed to BGR Energy Systems Limited on June 25; fresh certificate issued June 28.
- Sold assets and liabilities of energy division to GEA BGR Energy System India Limited in July via slump sale.
- Transferred entire holding in Schmitz Gmbh to Schmitz India Private Limited effective June 30.
2008
- Received engineering, procurement, construction order from Tamil Nadu Electricity Board.
- Signed collaboration with Termomeccanica, Italy.
- Signed credit lines for Rs 2105 crores.
2009
- Bagged Rs 27 crore contract from NPCIL.
- Secured 2x500 MW Marwa Thermal Power Project BoP contract for Rs 1633 crores.
- Bagged contract for Total Water System.
2010
- Entered license and technology transfer agreement with Nooter/Eriksen, USA.
- Bagged Rs 100 crore order from PGCIL for fibre optic cabling.
- Signed JV agreements with Hitachi Ltd Japan and Hitachi Power Europe GmbH Germany for supercritical steam turbine generator and boilers.
2011
- Received order for supercritical BoP 2x660 MW.
- Electrical projects secured Rs 444.48 crore contract from NPCIL.
2012
- Won 660 MW NTPC boiler contract for supercritical boilers.
- Awarded contract for supply of 2x660 MW supercritical boilers from NTPC.
- Signed MoU with Government of Tamil Nadu.
- Awarded contract for supply of 2x800 MW steam turbine and generators for NTPC Lara STPP.
2013
- Signed BoP contract with OPGC for 2x660 MW Super Thermal Power Project.
- Won first overseas EPC contract valued at USD 246 million.
- Rebutted report regarding joint ventures with Hitachi.
2014
- Secured contracts of Rs 300 crore from core sector.
- Secured new contracts worth Rs 250 crore.
2016
- Awarded contract for Rs 2600 crores.
2018
- Bagged Rs 87.68 crore order from TANTRANSCO.
2019
- Awarded contract for Rs 4442.75 crores by TANGEDCO.
2020
- Secured electrical projects orders worth Rs 573.32 crore from domestic clients.
- Bagged orders from NPCIL for control and instrumentation package, erection and commissioning for Kudankulam nuclear power plant 3 & 4.
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800