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Bharat Heavy Electricals Ltd To Invest INR159 Crore (INR1.59 Billion) On New Manufacturing Facility In Maharashtra-The Economic Times

Friday, 17 Aug 2012 03:15am EDT 

The Economic Times reported that Bharat Heavy Electricals Ltd plans to set up a new manufacturing facility in Maharashtra for which it would invest INR159 crore (INR1.59 Billion). BHEL Tiruchirapalli Complex Executive Director AV Krishnan said BHEL, which has a special focus on power plant equipment, plans a 90,000 tonne capacity production facility of seamless tubes products at Bandara in Maharashtra. Though it is in the initial stage, pending land acquisition, BHEL has decided to invest INR59 crore (INR1.59 Billion) to augment tubular products available in the western region, where requirement is high. Production is expected to crystallise in the next two to three years 

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