BP Rao , CMD, BHEL in an interview with ET Now talks about the expansion plans and the setting up of the proposed NBFC as well as acquisition opportunities.
The company is going to expand capacity to about 20 gigawatts till about March 2012 and will incur a capex of about 1600 crore as well. What is the progress in terms of implementation and the money that you have spent up until now?
For this all the equipment has been already ordered and the equipment will start arriving from the middle of next year. In the last 6 months that is from September to March it will get commissioned. So by March we will have the 20,000 megawatt. Now this whole thing will cost around 1600 crore. That is the investment we expect to spend on this and most of the cash flow will happen next year on this.
more at :
http://economictimes.indiatimes.com/opinion/interviews/Looking-at-Congo-Nigeria-and-Indonesia-for-new-orders-BP-Rao-CMD-BHEL/articleshow/7070692.cms
Friday, December 10, 2010
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