BHEL plans to invest Rs 10,000 cr

Bharat Heavy Electricals Ltd(BHEL) would invest about Rs 10,000 cr
for new ventures in the coming years.Managing director K Ravi Kumar
said BHEL was expecting to expand its power generation capacity to
15,000 MW from the present 10,000 MW before December 2009 and to
2000 MW by December 2011.To achieve this target, its production units
at Tiruchi, Bhopal,Haridwar, Jhansi and Hyderabad were in the process
of modernisation and expansion, he said. He said that BHEL was in talks
with General Electronics for the manufacture of advanced gas turbine at
Bhopal with an outlay of Rs 1000 crore.

On constructing nuclear reactors with the guidance of Atomic Energy
Commission and Nuclear Power Corporation of India ltd, Ravi Kumar
said talks were on with global majors in this sector. He said talks were
on with Alstom and Siemens for the manufacture of high speed electric
locomotives.

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