We were incorporated as GEA Energie Systems India Private Limited on February 18, 1985 by our Promoter Mr. B G. Raghupathy. For information relating to our Promoter, see Our Promoter on page 139 and Our Management on page 128. Our name was changed to GEA Energy System (India) Private Limited by a resolution of our shareholders on October 17, 1986, and a fresh certificate of incorporation consequent to the change of name was issued to us on April 3, 1987. Our status was subsequently changed to a public limited company by a special resolution of our shareholders passed at the annual general meeting held on December 10, 1993. The fresh certificate of incorporation consequent on conversion was issued to our Company on March 3, 1994 by the Registrar of Companies, Andhra Pradesh at Hyderabad. Our name was changed to BGR Energy Systems Limited by a resolution of our shareholders on June 25, 2007. The fresh certificate of incorporation consequent to the change in name was issued to our Company on June 28, 2007. In 1987, we commenced operations through a joint venture with GEA Energietechnik Gmbh, Germany. We supplied tube cleaning systems and debris filters for nuclear and thermal power plants and established our firstmanufacturing facility at Pannamgadu, Andhra Pradesh in February 1987. We supplied our products and allied services to a variety of domestic and international clients between 1987 to 1993 in collaboration with GEA Energietechnik Gmbh, Germany. 60,000 Equity Shares were issued to GEA Energietechnik Gmbh Germany on September 6, 1987 pursuant to the above joint venture agreement. GEA Energietechnik Gmbh, Germany divested its stake in our Company in 1993 to our Promoter and members of our Promoter Group pursuant to the expiry of the joint venture agreement. The shares held by GEA Energietechnik Gmbh were transferred to Arjun Securities Private Limited, Vani Securities Private Limited, Priya Securities Private Limited and Swarna Leasing Private Limited on March 31, 1994. For details of the relevant transfers refer to Capital Structure on page 25. In 1994, with the object of expanding our product portfolio, we acquired a company, Schmitz Gmbh in Germany. This company was engaged in the business of manufacturing sponge cleaning walls. In 1999, we developed the capability to manufacture these components through Schmitz India Private Limited, a Promoter Group Entity. We have transferred our entire holding in Schmitz Gmbh to Schmitz India Private Limited pursuant to an agreement dated August 1, 2007, with effect from June 30, 2007. Since 1993, we entered into a series of joint ventures and technical collaborations to increase the portfolio of products we offered. This included a collaboration for air cooled heat exchangers with GEA Btt, France in 1994; a license agreement with GEA Spirogills Limited UK for the manufacture of welded finned tubes through our subsidiary Progen Systems and Technologies Limited in 1994; an arrangement with GEA Energietechnik Gmbh for the manufacture of cooling systems through GEA Cooling Tower Technologies (India) Private Limited in 1996; and an arrangement in relation to environmental engineering solutions with Crane Environmental Inc, USA in 2000. We established our power projects business in 1997 with the objective of developing power projects.Since 2000 our power projects business commenced the process of providing balance of plant services for captive and independent power projects in India and elsewhere. In May 2003, we provided engineering procurement and construction services for a 120MW power plant on a turnkey basis in Karuppur, Tamil Nadu and commenced the provision of such services for captive power plants in India in 2006. In 2001, we commenced operations in the oil and gas sector and have developed capabilities in providing packaged compressor solutions in co-operation with Ariel Corporation, USA. We also established an electrical projectsbusiness which commenced operations in 2003 and provides transmission infrastructure, gas insulated substations and optic fiber networks. We entered into a business acquisition agreement dated January 2, 2006 with Mrs. V. Girija, Mr. Velpandian Mani, the proprietrix and the chief executive officer, respectively, of VP ngineering Consultancy Services, a sole proprietorship engaged in providing piping, design and engineering services.Under this agreement we bought certain business assets of VP Engineering Consultancy Services including contracts,orders, work inprogress, submitted bids and offers. Further, under the agreement Mr. Velpandian Mani as well as certain employees of VP Engineering Consultancy Services agreed to join the services of our Company under certain specified terms. Mr. Velpandian Mani has undertaken to work for our company for a minimum period of three years . Key Events and Milestones Year Key Events July 2007 Our Company sold the assets and liabilities of its energy division to GEA BGR Energy System India Limited by way of a slump sale. December 2006 The electrical project business obtained category `F' power trading license from the Central Electricity Authority. December 2006 Our company secured its single largest export order for the supply of gasgathering and processing plant from State Company for Oil Projects, Iraq. March 2006 Memorandum of Understanding with Ariel Corporation Inc which enabled our Company to become an Ariel qualified packager. January 2006 The electrical projects business won a contract for gas insulated switch gear from Hyundai Motors India Limited November 2004 Our Company secured its first order for supply of electrical installations for 132 MW hydro power plant. November 2004 Our Company entered into an arrangement with Qingdao Jieneng Power Station Engineering Company Limited and Sichuan Chuanghua BoilerCompany for the procurement of boilers and steam generators on a case to case basis. October 2004 Our Company first supplied a debris filter for a hydro plant at Saramah,Malaysia. July 2004 Our Company entered into an arrangement with gas turbine manufacturerfor independent EPC contracting for power projects. May 2004 Our Company secured an order for treating textile effluents with V-SEP technology. Year Key Events May 2004 The air fin coolers business increased its capacity by 50%. April 2004 Our Company supplied equipment for off-shore projects to ONGC. June 2003 Our Company built and supplied a debris filter for a nuclear power plant in Taiwan. April 2003 Our Company secured its first engineering, procurement and constriction contract for a 120 MW gas based combined cycle power plant in Karuppur, Tamil Nadu. September 2002, and April 2003 Our Company entered into joint venture agreements on project basis with MECON Limited to bid for NHAI projects. March 2003 Our Company supplied a deaerator for a 500 MW nuclear power station. July 2001 Our Company secured a contract from BHEL for supply of balance of plant equipment for a 23 MW coal based captive power plant for Grasim Industries Limited. September 2000 Our Company enters into a technical collaboration agreement with Crane Environmental Inc, USA. September 2000 Our Company secured its first contract for balance of plant from BHEL. May 1999 Schmitz India Private Limited commenced commercial operations. December 1997 Progen commenced commercial operations . March 1997 Our Company won two contracts from Tamil Nadu Government forpower projects in Gumnidipanda and Perunthurai. March 1996 Our Company entered into a collaboration agreement with GEA Germany to set up GEA Cooling Tower Technologies (India) Private Limited. February 1996 Our Company acquired a 30% stake in Cuddalore Power Company Limited. January 1996 Our energy business obtained ISO 9001 certification. October 1995 Our Air Fin Cooler business commenced commercial operations. April 1994 Progen entered into a license and technical service agreement with GEA Spirogills Limited, UK. January 1994 Our Company entered into a license and technical collaboration with GEA Btt, France. January 1994 Our Subsidiary, Progen Systems and Technologies Limited, was incorporated. March 1993 GEA Germany divested its stake in our Company. February 1987 BGR Energy Systems Limited entered into a joint venture with GEA Germany. 2008 - BGR Energy Systems Ltd has got an engineering, procurement, construction' order from Tamil Nadu Electricity Board (TNEB). -BGR Energy Signs Collaboration with Termomeccanica, Italy -BGR Energy Signs Up Credit Lines for Rs 2,105 Crores 2009 - BGR Energy Systems Ltd has bagged Rs 27 Cr. contract from NPCIL. - BGR Energy secures 2 x 500 MW Marwa Thermal Power Project BOP contract for Rs 1633 Crores -BGR Energy bags contract for Total Water System 2010 - BGR Energy entered into a license and technology transfer agreement with Nooter/Eriksen of the U.S. - BGR Energy Systems, the supplier of engineering equipment, today said it has bagged an order valued at Rs 100 crore from Power Grid Corporation of India Ltd (PGCIL) in order to lay fibre optic cabling. 2010 - BGR Energy Systems Ltd has signed Joint Venture Agreements with Hitachi Ltd., Japan and Hitachi Power Europe GmbH, Germany for the business of design, engineering and manufacture of Supercritical Steam Turbine Generator and Supercritical Steam Generator (Boilers). 2011 -Received Order for Supercritical BoP 2x660 MW. -BGR Energy's Electrical Projects Secures Rs.444.48 Crore NPCIL Contract 2012 -BGR wins 660 MW NTPC Boiler contract for Super-critical Boilers. -BGR was awarded contract for supply of 2 x 660 MW Super - critical Boilers from NTPC. -BGR Energy signs a MoU with Govt. of Tamilnadu -BGR Energy awarded contract for supply of 2 x 800 MW Steam Turbine and Generators for NTPC's LARA STPP. 2013 - BGR Energy signs Balance of Plant (BoP) contract with Odisha Power Generation Corporation (OPGC) for 2 x 660MW Super Thermal Power Project. - BGR Energy gains on winning first overseas EPC contract for a value of USD 246 Million. - Company rebutting the report which appeared in the financial daily on March 19, 2013 regarding its Joint Ventures with Hitachi. 2014 - BGR Energy secures contracts of Rs. 300 Crore from core sector. - BGR Energy secures new contracts worth Rs 250 Crore. 2016 -BGR Energy Systems Ltd has "Award of contract for Rs.2600 Crores". 2018 -BGR Energy Systems bags Rs 87.68 cr order from TANTRANSCO 2019 -BGR Energy Systems Limited has informed the Exchange regarding 'Award of contract for Rs.4442.75 Crores by TANGEDCO'. 2020 -BGR Energy Systems has secured electrical projects orders worth Rs 573.32 crore from domestic clients. -Company bagged orders from Nuclear Power Corporation Ltd for supply, testing and delivery of control and instrumentation package of various systems, erection and commissioning for "Kudankulam nuclear power Plant 3 & 4 project".