Bharat Heavy Electricals (BHEL) is planning to invest around Rs 1,200 crore
in setting up a JV with an international firm by June 2009 for manufacturing
transmission equipment.
BHEL is in talks with French equipment maker Areva and Japan's Toshiba for
the proposed JV which is likely to focus on manufacturing 765 kV and 1,200 kV
transmission equipment.
The company has received bulk orders for 40 transformers from Coastal Gujarat
Power, a Tata Power SPV, for executing the 4,000 MW ultra mega power project at
Mundra in Gujarat.
Also See:
BHEL, BEL plan
250 MW solar facility (31-Mar-09)
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