1. BHEL is waiting to get noticed once again and the FII are expected in Indian stock market in a time frame of 3-4 months.
2. BHEL and NTPC have entered in a joint venture company which would manufacture power equipment in the country. This would be the second public sector undertaking (PSU) after Bhel to undertake this activity. It is a 50:50 joint venture, and is likely to be called as NTPC-BHEL Power Projects Pvt Ltd and it would be having three bases spread across the country. The announcement for the same is forthcoming.
3. The first base will manufacture turbines and is expected to be located in Visakhapatnam in Andhra Pradesh; another for the manufacture of boilers and is expected to be located in Maharashtra and the third base would be for providing equipment for balance of plant works including coal handing facilities and is expected to be in the eastern region.
4. All those who believe in Indian growth story can not ignore BHEL and NTPC as these are bound to grow and are presently available at reasonable valuation.
2. BHEL and NTPC have entered in a joint venture company which would manufacture power equipment in the country. This would be the second public sector undertaking (PSU) after Bhel to undertake this activity. It is a 50:50 joint venture, and is likely to be called as NTPC-BHEL Power Projects Pvt Ltd and it would be having three bases spread across the country. The announcement for the same is forthcoming.
3. The first base will manufacture turbines and is expected to be located in Visakhapatnam in Andhra Pradesh; another for the manufacture of boilers and is expected to be located in Maharashtra and the third base would be for providing equipment for balance of plant works including coal handing facilities and is expected to be in the eastern region.
4. All those who believe in Indian growth story can not ignore BHEL and NTPC as these are bound to grow and are presently available at reasonable valuation.
