Sitting on a huge cash surplus of over . 9,000 crore, state-owned power equipment make BHEL is keen to invest in a joint venture by picking up equity in state power projects, a move that would generate revenues and also additional business for the PSU.
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/bhel-may-invest-9000-cr-surplus-power-projects
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/economic-times-new-delhi
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/bharat-heavy-electricals-ltd-bhel
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/power-industry
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/india
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/maharashtra
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/tamil-nadu
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/thermal-power-plants