Bharat Heavy Electricals (BHEL) is planning to create a diversified portfolio for its next wave of growth that will include areas such as solar energy, transportation and water business. Going beyond thermal power, other areas for capitalising on emerging opportunities include defence and aerospace to increase the share of business from non-coal areas. The company’s manufacturing capacity for solar cells and modules has been expanded to 105 MW and 226 MW per annum.
BHEL is India’s largest engineering and manufacturing company of its kind. It is a power plant equipment manufacturer and operates as an engineering and manufacturing company.
