Govt considers divesting 10% in BHEL

Will BHEL surge up with the disinvestment program?

Vilasrao Deshmukh, Minister for Heavy Industries, today presented the 100-day agenda for his ministry. Besides other things, he hinted at disinvestment in various public sector undertakings. He also expressed that the ministry was considering disinvesting up to 10% in BHEL.

The minister’s talk on disinvestment was a stand out feature. He expressed that the ministry was considering disinvesting upto 10% in BHEL. He also said that BHEL was in the process of signing a memorandum of understanding (MoU) with the Madhya Pradesh government for a 1,600 mw power unit.