Friday, November 6, 2009

BHEL bets on near doubling of orders in H2

With the economy showing broad signs of a revival, equipment major BHEL is betting on a near doubling in order bookings in the second half of the current fiscal.
The State-owned firm is looking at booking orders to the tune of Rs 35,000 crore in the second half of the current fiscal, as against around Rs 20,000 crore in the first half, with core sector activity showing a clear uptrend.
“Our target for the full fiscal stays at Rs 55,000 crores (for new order bookings). While the achievement in the first six months has been slightly over Rs 20,000 crore, we are well on our way to achieve the target for the full fiscal,” a company official said.

ref:
http://www.moneycontrol.com/news/business/bhel-betsnear-doublingordersh2_423394.html

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