Biecco Lawrie

Biecco Lawrie
Company type	Public sector undertaking
Industry	Petroleum Electricity
Predecessor	British India Electric Construction Co
Founded	1919; 106 years ago (1919) in Calcutta, British India
Defunct	10 August 2018 (2018-08-10)
Fate	Shut down
Headquarters	Kolkata, West Bengal , India
Owner	Oil Industry Development Board (OIDB) Government of India
Number of employees	275 (2018)

Biecco Lawrie Co. Limited (BLL) was an Indian public sector undertaking under the ownership of the Ministry of Petroleum and Natural Gas, Government of India, headquartered in Kolkata. It was originally established in 1919 as British India Electric Construction Company Limited.

History

The company was originally established in 1919 in Calcutta, British India as the British India Electric Construction Company (BIECCO). It began as a manufacturer of tea garden machinery and also produced shell cases, food containers, and camouflage sets for the military during World War II. In 1932, the company started producing affordable fans for the public.^[1]

Service

BLL ran four business operations—switchgear manufacturing, electrical repair, projects division, and lubricating oil blending and filling facility.^[2]

The company had a lubricating oil blending plant with an annual capacity of 12,000 kilolitres. Additionally, the company manufactured switchgears and also untertook small power distribution projects, while also marketing products such as kerosene, paraffin wax, bitumen, and furnace oil. It also had a separate turnkey project and electrical repair division.^[1]

As of fiscal 2007, the company incurred aggregated revenue of ₹525 million (US$6.1 million).^[3]

Shut down

The company has over a decade accumulated ₹153.95 crore loss, with negative net worth of ₹78.88 crore at the end of the FY 2017-18. On 10 October 2018, the Government of India decided to shut down Biecco Lawrie after approval by the Cabinet Committee on Economic Affairs (CCEA). Its employees were given Voluntary Retirement Scheme (VRS) / Voluntary Separation Scheme (VSS). Although the Ministry of Petroleum and Natural Gas had made attempts to revive the company by selling, oil companies refused to buy the firm. 67.33 per cent stake of the company is held by Oil Industry Development Board (OIDB) and 32.33 per cent is with the government. The remaining 0.44 per cent shares are held by others.^[1]

References

^ ^a ^b ^c "Government to shut Biecco Lawrie Limited". 10 October 2018 – via The Economic Times.
^ IANS (10 October 2018). "Cabinet approves closure of loss-making Biecco Lawrie". Business Standard. Retrieved 14 October 2023.
^ "Financial Statement" (PDF). Archived from the original (PDF) on 1 December 2008. Retrieved 16 January 2008.

Energy ministries and departments of India

Power

Statutory bodies	Central Electricity Authority Central Electricity Regulatory Commission Bureau of Energy Efficiency Damodar Valley Corporation
Autonomous bodies	Central Power Research Institute National Power Training Institute
PSUs	NTPC Limited NHPC Limited North Eastern Electric Power Corporation Limited Power Finance Corporation REC Limited Power Grid Corporation of India THDC India Limited Power System Operation Corporation

New and
Renewable Energy

Solar Energy Corporation of India (SECI)

Ministry of Coal

Petroleum and
Natural Gas

Academic	Indian Institute of Petroleum and Energy Rajiv Gandhi Institute of Petroleum Technology Pandit Deendayal Energy University
Other	Directorate General of Hydrocarbons Oil Industry Safety Directorate Petroleum Conservation Research Association
Operational	Balmer Lawrie Chennai Petroleum Corporation Limited Bharat Petroleum Engineers India Limited Gas Authority of India Limited Indian Oil Corporation Numaligarh Refinery Limited Oil India Limited Oil and Natural Gas Corporation Hindustan Petroleum
Defunct	Biecco Lawrie
Other	Strategic Petroleum Reserve

Department of
Atomic Energy

Apex board	Atomic Energy Commission
Regulatory board	Atomic Energy Regulatory Board
R&D	Bhabha Atomic Research Centre Atomic Minerals Directorate for Exploration and Research Indira Gandhi Centre for Atomic Research Raja Ramanna Centre for Advanced Technology Variable Energy Cyclotron Centre Global Centre for Nuclear Energy Partnership
PSUs	Electronics Corporation of India Indian Rare Earths Limited Uranium Corporation of India Nuclear Power Corporation of India Bharatiya Nabhkiya Vidyut Nigam Limited
Industrial	Heavy Water Board Nuclear Fuel Complex Board of Radiation and Isotope Technology
Academic	National Institute of Science Education and Research, Bhubaneswar National Board for Higher Mathematics Atomic Energy Education Society Tata Memorial Centre Centre for Excellence in Basic Sciences Saha Institute of Nuclear Physics Institute of Physics Harish-Chandra Research Institute Institute of Mathematical Sciences Institute for Plasma Research

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