BHEL exploring non-power equipment business for profits

Bharat Heavy Electricals Ltd. (BHEL) plans to focus on increasing its revenue from non-power segments like railways, defence and others, said a top company official. "BHEL will bid aggressively for coaches for metro trains. Till now we are not a major player in this segment. We plan to supply 75 locomotives to Indian Railways this year, up from 54 units supplied last year," B. Prasada Rao, chairman and managing director, told reporters here Friday. He was in Tiruchirapalli to hold a series of review meetings with officials of the company's boiler division. On supplies to the defence sector, Rao said the company has been asked to look out for appropriate technology to supply 127 mm and 30 mm guns for the Indian Navy. "We now supply 76 mm guns for the Indian Navy," Rao said. ref: http://india.nydailynews.com/business/6032dab7cac0895a0188c690a00d6433/bhel-exploring-non-power-equipment-business-for-profits