BHEL setting up manufacturing unit in Tamil Nadu; to pump Rs 250 crore
State-run power equipment maker Bharat Heavy Electricals Ltd (BHEL) has revealed that the company is presently setting up a manufacturing unit at Tirumayam in Tamil Nadu at an investment of Rs 250 crore.
The project, to be funded through internal accruals, is part of the company’s manufacturing capacity expansion programme, a company official said.
The new plant would initially produce about 25,000 metric tonne of boiler components.
In addition, the plant is expected to provide direct employment to about 750 persons and indirect employment to about 3,000 people and achieve an annual turnover of about Rs 500 crore.
The company plans to augment its present 10,000 MW per annum of manufacturing capacity to 15,000 MW by 2009.