The government today said state-run BHEL has proposed setting up another manufacturing unit at Sakoli in Maharashtra.
"The manufacturing plant is proposed for meeting the requirements of fabricated assemblies of boilers, turbines etc., for power plants," Minister of Heavy Industries and Public Enterprises Praful Patel informed Lok Sabha today.
He said the land required for the plant is about 500 acres and the first phase investment for the project is estimated at Rs 522 crore.
Process of land acquisition has started and the production from the unit would commence in 24 months from the date of land acquisition, he said.
"The manufacturing plant once operational is likely to provide direct employment opportunity to around 700 persons," Patel added.
The company has various manufacturing facilities spread across the country, including Haridwar, Ranipet, Bhopal, Bangalore, Hyderabad, Trichy etc.
The company's current order book stands at Rs 1.34 lakh crore.
