To boost its revenues from other businesses, power equipment major Bharat Heavy Electricals Ltd (BHEL) is betting big on transportation, renewable energy and water businesses.
The company, which had recently tied up with multinationals, is now planning to join hands with Indian Railways for setting up manufacturing units. On the renewable energy front, the company is planning to set up a photovoltaic module plant, for which it has done financial closure, according to the company’s chairman and managing director.
more at:
http://www.business-standard.com/india/news/bhel-to-bet-bigrail-solar-water-business-segments/421000/
Thursday, January 6, 2011
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