BHEL plans to set up a new manufacturing facility in Maharashtra for which it would invest Rs 159 crore, a top company official said here today.

BHEL Tiruchirapalli Complex Executive Director A.V. Krishnan said the company, which has a special focus on power plant equipment, plans a 90,000 tonne capacity production facility of seamless tubes products at Bandara in Maharashtra.

Though it is in the initial stage, pending land acquisition, BHEL has decided to invest Rs 159 crore to augment tubular products available in the western region, where requirement is high, he told PTI.

Krishnan said given the transportation bottlenecks all over the country, the location of the new plant has been chosen near Nagpur due to its easy access to major steel plants like Bhilai and Rourkela.

He expressed hope that things would fortify for the actual blueprint by next month. Production is expected to crystallise in the next two to three years.

(This article was published on August 17, 2012)
XThese are links to The Hindu Business Line suggested by Outbrain, which may or may not be relevant to the other content on this page. You can read Outbrain's privacy and cookie policy here.