Will Diversify Portfolio For Next Wave Of Growth, Says BHEL

Will Diversify Portfolio For Next Wave Of Growth, Says BHEL

State-owned power equipment maker BHEL today said it will create a diversified portfolio for its next wave of growth that will include areas like solar energy, transportation and water business.

Going beyond thermal power, other areas for capitalising on emerging opportunities include defence and aerospace “to increase the share of business from non-coal areas”, BHEL CMD Atul Sobti said at the 53rd Annual General Meeting here.

He said BHEL is facing newer challenges being thrown up by forces of change such as climate, technology disruptions, fragile geopolitics, newer regulations, suboptimal investment from private sector and changing energy-mix.

The company’s manufacturing capacity for solar cells and modules has been expanded to 105 MW and 226 MW per annum, he said. Read More…

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