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Bhel, Kerala firm sign JV pact

Bhel, Kerala firm sign JV pact
PTI
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First Published: Tue, Feb 03 2009. 02 14 PM IST
Updated: Tue, Feb 03 2009. 02 14 PM IST
New Delhi: Bharat Heavy Electrical Ltd on Tuesday said it would set up a joint venture with Kerala Electrical and Allied Engineering Company Ltd for manufacturing products for railways and other industries.
The JV will cater to core sectors like transportation, renewable energy and some other industries by manufacturing a specific range of products, the company said in a statement.
Bhel today signed a memorandum of understanding with KEL in the presence of minister for heavy industries and public enterprises Santosh Mohan.
Further, Bhel has already installed over 100,000mw of power generating capacity worldwide.
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First Published: Tue, Feb 03 2009. 02 14 PM IST