Bharat Heavy Electricals Ltd (Bhel) may form an equal joint venture with Indian Railways to set up a factory at Kanchrapara-Halisahar railway complex in West Bengal with an annual capacity of 500 coaches for electrically powered trains.
While the move will help Bhel diversify its portfolio of offerings, it will also enable the railways to achieve its objective of partnering with the corporate sector to manufacture coaches and engines.
The land for the factory is to be made available by the railways. The decision to set up the factory through the joint venture or public-private partnership mode was announced by Mamata Banerjee in her railway budget speech and will require an investment of around Rs300 crore.
more at:
http://www.livemint.com/2009/10/13210420/Bhel-may-tie-up-with-Indian-Ra.html
Tuesday, October 13, 2009
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1 comment:
It is good as BHEL and Indian Railways will tie for development of a caoch factory and thanks for providing this piece of imformation on this websites.
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