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In a bid to strengthen its footprint in overseas markets, Bharat Heavy Electricals (BHEL) is looking for business opportunities in Mozambique and Laos. In this regard, the company has recently sought Expressions of Interest (EOIs) from entities who can be enlisted as agents in the two countries. These agents would have the responsibility of promoting and developing business for it in the respective power sectors of the two nations.

Geographical diversification is a strategic focus area for BHEL, which already has presence in about 76 countries. In the overseas market, the cumulative capacity of power plants, utilising BHEL equipment, is more than 10,000 MW.

The company has about eight overseas offices. Major foreign locations from where BHEL undertakes business activities include Jakarta (Indonesia), Almaty (Republic of Kazakhstan), Dubai (UAE) and Shanghai (China).

Peers
Company Name CMP
Bharat Heavy Elect. 432.85
Thermax 3564.05
Kirloskar Industries 3699.10
Skipper 554.15
INDO-MIM 1013.85
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