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BHEL chalks out Rs 12,000 cr investment plan

Tuesday, 05 May 2009
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BHEL has chalked out an investment plan of Rs 12,000 crore to pick up equity in power projects and to ramp up its capacity to support the generation of about 20,000 MW over the next four years.

The proposed investment plan is to be funded through internal accruals. The company is planning to ramp its casting and forging manufacturing capacity.

BHEL's current manufacturing capacity can support power generation of 10,000 MW. It includes 2,500 MW of hydro electricity production, and 500 MW captive power plants for the industrial sector.

Also, BHEL has acquired 26 per cent stake in the 2x800 MW Udangudi project of the Tamil Nadu Electricity Board and plans to become a JV partner in more units.

Also See:

BHEL-PSSR to invest on equipment (08-Apr-09)

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