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Business Daily from THE HINDU group of publications Monday, September 22, 2008 ePaper | Mobile/PDA Version | Audio |
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Update at 1400 hrs (IST)
Corporate BHEL pays 62.5 per cent final dividend to govt NEW DELHI: State-run Bharat Heavy Electricals Ltd (BHEL) has paid 62.5 per cent final dividend to the government for 2007-08. The company paid Rs 207 crore dividend (62.5 per cent) on the 67.72 per cent equity holding of the government, a company statement said. BHEL recorded its highest-ever turnover of Rs 21,401 crore and a net profit of Rs 2,859 crore during the same period. The company's order book stands at Rs 85,000 crore. BHEL plans to enhance its manufacturing capacity to 20,000 megawatt in three years from the current 10,000 MW. Besides capacity augmentation of existing products, other major areas where the firm would invest include facilities for higher rating nuclear sets, 765 kV transformers and other associated transmission equipment. - PTI
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