Country's largest power generation and other heavy equipment maker, Bharat Heavy Electricals has paid an interim dividend of Rs 298 crore to the Central Government for its financial performance during 2008-09.
On account of the equity participation of 67.72 per cent in the corporation, a dividend cheque for Rs 298 crore was presented to Union Minister for Heavy Industries and Public Enterprises Sontosh Mohan Dev by BHEL Chairman and Managing Director K Ravi Kumar.
It has recently come to vision that investment of Rs 450 crore would be made by Areva Transmission & Distribution India in calendar 2009 in order to increase equipment-making capacity at its three new plants as also existing ones. The company may make further investments, if required.
On Friday, it was stated by Rathin Basu, managing director at Areva T&D India that the construction and commissioning of the three greenfield manufacturing sites is going as planned.
KEC International, a leader in the power transmission and distribution EPC business, announced that it has bagged orders worth Rs 365-crore from various government bodies for electrification of villages in West Bengal and Bihar.
The firm received the first order worth Rs 2.55 billion from West Bengal State Electricity Distribution Company for electrification of 3,340 villages that is scheduled to be completed by August 2010.
The second order valued at Rs 670 million was from Power Grid Corp Ltd in Bihar. The project is scheduled to be completed by July 2010.
Government owned companies, the Nuclear Power Corporation of India (NPCIL) and NTPC would jointly work for setting up nuclear power plants, in a bid to over come shortage of power, indispensable to propel economic and industrial growth of the country.
The MoU was signed by NPCIL Chairman and Managing Director, S. K. Jain and NTPC Chairman and Managing Director, R. S. Sharma in the presence of Union Minister of State for Power and Commerce Jairam Ramesh and Anil Kakodkar, the Atomic Energy Commission Chairman of country.
Bharat Heavy Electricals (BHEL) has announced its financial results for the third quarter of current financial year.
India’s largest power equipment manufacturer has posted a marginal 2.4 percent growth in net profit for Q3 ended December 31, 2008 on account of high raw material costs and increased wage revision.
Its net profit stood at Rs 790.56 crore against Rs 771.90 crore for the quarter ended December 31, 2007.
Country's largest power generation and other heavy equipment maker, Bharat Heavy Electricals has paid an interim dividend of Rs 298 crore to the Central Government for its financial performance during 2008-09. 
It has recently come to vision that investment of Rs 450 crore would be made by Areva Transmission & Distribution India in calendar 2009 in order to increase equipment-making capacity at its three new plants as also existing ones. The company may make further investments, if required.
KEC International, a leader in the power transmission and distribution EPC business, announced that it has bagged orders worth Rs 365-crore from various government bodies for electrification of villages in West Bengal and Bihar. 
Government owned companies, the Nuclear Power Corporation of India (NPCIL) and NTPC would jointly work for setting up nuclear power plants, in a bid to over come shortage of power, indispensable to propel economic and industrial growth of the country. 
Bharat Heavy Electricals (BHEL) has announced its financial results for the third quarter of current financial year.
