CEL is for
sale.
PRELIMINARY
INFORMATION MEMORANDUM (PIM) AND INVITATION OF EXPRESSION OFINTEREST (EOI)
FOR PROPOSED STRATEGIC DISINVESTMENT OF
100% SHAREHOLDING OF CENTRAL ELECTRONICS LIMITED (CEL) HELD
BY THE PRESIDENT OF INDIA THROUGH
DEPARTMENT OF SCIENTIFIC AND INDUSTRIAL RESEARCH (DSIR), MINISTRY OF SCIENCE & TECHNOLOGY (With
transfer of management control) is placed on web. Last date 16-3-2020.
CEL is pioneer in the country in the field of
Solar Photovoltaic (SPV) with the distinction of having developed India’s first
Solar cell in 1977 and first Solar panel in 1978 as well as commissioning
India’s first solar plant in 1992. More recently, it has developed and
manufactured the first crystalline flexible solar panel specially for use on
the passenger train roofs in 2015. Its solar products have been qualified to
International Standards IEC 61215/61730. CEL developed India’s first indigenous
axle-counter in 1980’s in collaboration with IIT Delhi and Railway Design and
Standards Organizations (RDSO) and has subsequently developed digital axle
counters. Currently the range of RDSO approved products for railway sector
includes Universal Axle Counter, Single Section Digital Axle Counter – 710P,
High Availability Single Section Digital Axle Counter-720P, and Multi-Section
Digital Axle Counter -730. CEL is the Pioneer in manufacturing of different
types of PZT elements, in India, since 1976. CEL manufactures various grade of
Piezo-ceramics elements for low power as well as high power application
including PZT-5A, PZT-5H, PZT-5J for low power applications and PZT-4, PZT-8
for high power applications. DEPARTMENT OF SCIENTIFIC & INDUSTRIAL
RESEARCH14 PIM FORDISINVESTMENT OF 100% EQUITY SHAREHOLDING OF CELCEL is one of
the very few companies, worldwide, that have pioneered the production of the
ferrite phase shifters for C- and X- bands developed in collaboration with
DRDO. CEL is the only manufacturer of phase shifters in the country and has
developed various production facilities for meeting the bulk demand of the
phase shifters.
As on 31st March 2019, CEL’s paid up capital is
Rs. 69.22 crores and Net Worth is Rs. 75.99 crores. Land asset is 2,41,614
Square yards industrial Area,
Sahibabad Ghaziabad-201010 (UP). Tangible
Assets are valued at 34Crore and revenue 240 crores. CEL has a state of the art
module manufacturing line having installed capacity of 38MW (10MW in manual
line and 28 MW in automated line) and is known for its high quality modules.
CEL is manufacturer of some of the oldest functioning modules in the country.
Solar Photovoltaic Modules are manufactured using Crystalline Silicon Solar
Cells.
Liabilities including commitments are around
100 crores.
