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Engg Firm BHP&V acquired (1)   10-May-08 17:48Tracked by (0)  
Posted by:   rvk41 on ( 10-May-08 17:48 )
Price : BSE: Rs 1724.50 ( -2.03 % ), NSE: Rs. 1724.80 ( -2.08 % )
Bharat Heavy Electricals has acquired the engineering firm Bharat Heavy Plate and Vessels, reports Economic Times.

The company also signed a memorandum of understanding with Andhra Pradesh Power Generation Corp for setting up a 125 megawatt coal-based power plant.

The company is planning to invest Rs 10 billion in its Tiruchi plant in the current fiscal to increase boiler capacity from 5,750 MW to 10,000 MW by June-July `09.

Invest for long term bet,with rgards
rvk41
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