United Electrical Industries Limited

United Electrical Industries Ltd.
Public Sector
Industry Electrical Equipment Manufacturing
Founded Kollam, India
(3 October 1950)[1]
Headquarters Kollam (Quilon),
India
Key people
 Vijayakumaran nair
Chairman
Vinaya Kumar . S.R
Managing Director[2]
Products Electric Meters, Solar Panels, AC Motor Starters, Galvanised Components
Revenue ₹ 42.063 Crores
US$ 0.687 million (2009)[3]
₹ 153 Crores
US$ 25.16 million
Number of employees
 102
Website http://unilecindia.com/

United Electrical Industries Limited or UNILEC or UEIL (locally known as Meter Company) is an ISO 9001:2000 certified State Level Public Enterprise, operating in the electrical engineering sector since 1950. The company was founded on 3 October 1950 and is situated in the city of Kollam, Kerala.[4] It is the first factory in India to manufacture Electricity House Service Meters.[5] The products of UNILEC Limited are BIS approved with ISI marking. They are producing type tested Energy Meters which are approved in various Test Labs like ERDA - Baroda, ERTL North - Delhi, CPRI - Bangalore, and ETDC - Chennai. The company has a high level of productivity with a monthly production capacity of more than 1 lakh Energy Meters. UNILEC Limited has so far supplied over 40 lakhs Electro-mechanical Meters and 50 lakhs of Electronic Meters for domestic and industrial purpose. UNILEC is the only Electrical Equipment Manufacturing company in Kerala capable to produce Energy Meters of any specification on bulk basis maintaining quality standards of BIS, IEC etc. The Company also has a R&D Division.[6] now received Govt order for supply and installation of LED lights in all LSGDs of state .

History

United Electrical Industries Limited was the first factory in India to manufacture Electricity House Service Meters. UNILEC started its manufacturing activity during 1950, in technical collaboration with the world-renowned measuring instrument manufacturer Aron Meters Ltd., England. After 7 years, major shares of the company were taken over by the Government of Kerala and reconstituted it as a Public Limited Company under the ownership of Kerala State in 1957. Government of Kerala is holding 97.20% of the total share value of United Electrical Industries Limited.[7]

Products

Major products of the company are Electric Meters and Solar Panels

United Electrical Industries was chosen by Kozhikode district panchayath to implement their 80 KW solar power project. The first phase of the project will be a 40 KW installation at the district panchayat headquarters.[8]

Performance Analysis of UNILEC Limited

Year Turnover (in Lakhs) Profit/Lose (in Lakhs)
1999-2000 1577 272.09 (Profit)
2000-2001 1502 25.54 (Profit)
2001-2002 1837 338.78 (Profit)
2002-2003 1231 150.91 (Loss)
2003-2004 1006 322.16 (Loss)
2004-2005 708 285 (Loss)
2005-2006 497 312 (Loss)
2006-2007 3508 237 (Profit)
2007-2008 3884 60.76 (Profit)
2008-2009 4260 44.54 (Profit)[9]

Modernization

The company is on the stage of modernization. As part of that, UNILEC has started producing double-jet water meters. They have started the production of LCD energy meters in 2014. On the basis of this development, the company is now preparing to take part in KSEB’s tender process for supply of energy meters.[10] Government of Kerala has proposed a plan to manufacture LED lights in association with United Electrical Industries Limited.[11] They have a plan to start a smart card manufacturing unit in the company.[12]

References

  1. ↑ "Archived copy" (PDF). Archived from the original (PDF) on October 18, 2014. Retrieved October 13, 2014. UEIL, Kollam
  2. ↑ Order - United Electricals Industries Limited, Kollam
  3. ↑ "Emerging Kerala - LED Lights Project with United Electricals, Kollam" (PDF). Retrieved 13 October 2014.
  4. ↑ UNILEC - Kollam
  5. ↑ "'MANUFACTURING AND SALES OF DOMESTIC LIGHTS WITH LED TECHNOLOGY' - Pages 3" (PDF). United Electrical Industries Limited, Kollam. Retrieved 20 April 2015.
  6. ↑ UNILEC.com
  7. ↑ Governance of UNILEC, Kollam
  8. ↑ "Dist Panchayat to Go Solar - The New Indian Express". Retrieved 23 January 2015.
  9. ↑ Smartcard Manufacturing Unit in UNILEC, Kollam - Emerging Kerala
  10. ↑ UEIL starts making double-jet water meters - The Hindu
  11. ↑ Manufacturing & Sales of Domestic LED lights - Emerging Kerala
  12. ↑ Smartcard Manufacturing Unit in UNILEC, Kollam - Emerging Kerala
This article is issued from Wikipedia - version of the 11/23/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.