Bhel eyes rail track electrification orders

State-run Bharat Heavy Electricals Ltd (Bhel), India’s largest power equipment maker, is eyeing a major role in the Indian Railways’ track electrification programme to tide over the uncertainties of the Indian power sector. As part of this strategy, Bhel chairman and managing director Atul Sobti has written to Ashwani Lohani, the newly- appointed chairman of the Railway Board to entrust the Maharatna with electrifying 1,000km of tracks initially. This follows Bhel’s strategy to pivot from the power sector to transportation as the national carrier plans to electrify 24,000km of rail tracks. The railways track electrification drive stems from its need to reduce dependence on imported fuel and rationalize the cost of energy. ref: http://www.livemint.com/Companies/rpOLsiVRU104jz84h9vPWJ/Bhel-eyes-rail-track-electrification-orders.html