Home Economy BHEL to invest Rs.5,803 crore on expansion

BHEL to invest Rs.5,803 crore on expansion

By IANS,

New Delhi : The state-owned Bharat Heavy Electricals Ltd (BHEL) will invest Rs.5,803 crore to double its power plant equipment manufacturing capacity by the end of 2011, the government said Thursday.

“BHEL had augmented its manufacturing capacity for power plant equipment from 6,000 MW to 10,000 MW annually by December 2007,” said Arun Yadav, Minister of State for Heavy Industries and Public Enterprises, in the Lok Sabha.

“This manufacturing capacity is being further enhanced to 15,000 MW annually by the end of December 2009. This will further go up to 20,000 MW annually by December 2011,” Yadav said.