BHEL to set up fabrication unit near Nagpur at a cost of Rs 1000 crore

Public sector power equipment maker BHEL will set up a fabrication unit at a cost of Rs 1000 crore in Sakoli, about 80km near here in adjoining Bhandara district, a top official said today.

"BHEL is in the process of acquiring 200 acres of land to set up a fabrication plant to meet its own requirement for electrical machines," K S Mathur, Head of BHEL Power Sector (Western Region) told reporters here.

He said the land acquisition from both Government and private parties was in an advanced stage and may be over during the current fiscal. After that, the company will start the work on the plant, which will cost Rs 1,000 crore.

more at:
http://economictimes.indiatimes.com/news/news-by-industry/indl-goods-/-svs/engineering/bhel-to-set-up-fabrication-unit-near-nagpur-at-a-cost-of-rs-1000-crore/articleshow/12558266.cms