BHEL to invest Rs 1,600cr

Bharat Heavy Electricals (BHEL) today announced a roadmap for expanding power equipment manufacturing capacity to 10,000 MW annually at an investment of more than Rs 1,600 crore.

"The manufacturing capacity of 10,000 MW is intended to meet the present indications of the likely power capacity addition target in the 11th Plan (2007-2012) of over 62,000 MW," an official statement said.

BHEL is investing more than Rs 1,600 crore to modernise and expand capacity of its facilities, the release said, adding the enhanced capacity would become available by 2007.

In the 10th Plan (2002-2007), nearly 34,000 MW of fresh generating capacity is expected to be added of which BHEL's contribution would be about 19,500 MW, which is well within its present production capacity, the release said.

In the current expansion programme, the focus is on adding facilities for various products at its manufacturing units and for construction tools and equipments for erection and commissioning services at project sites.