No plans to divest in BHEL, says minister

Bharat Heavy Electricals LtdNew Delhi, Oct 15 : The government Thursday said it has no plans to divest its stake in the state-owned power equipment maker Bharat Heavy Electricals Ltd (BHEL).

"There is no question right now," Heavy Industries Minister Vilasrao Deshmukh told reporters here.

The minister was responding to a query on whether the government planned to dilute its holding in the Rs. 28,000-crore (Rs. 280-billion) public sector company.    

The government holds 67 percent in the listed company, Deshmukh said, adding that there was no proposal for any immediate disinvestment.(IANS)