Bharat Heavy Electricals (BHEL), public sector power equipment major, has started concluding its joint venture, which was formed in 2007 with the Tamil Nadu Electricity Board, Udangudi Power Corporation. In February 2012, the Government of Tamil Nadu pulled the project out of the joint venture company and planned to do it by itself claiming lack of co-operation on the part of BHEL as the reason.
The company asked the Government of Tamil Nadu asking it to reverse its decision, but nothing happened. The first of the two power plants (Unit II) of the North Chennai Thermal Power Project will go on stream in October and the other will, in December. BHEL is involved in all these projects as the equipment supplier.
| Company Name | CMP |
|---|---|
| BHEL | 337.95 |
| Thermax | 4062.55 |
| Kirloskar Oil Eng | 1607.50 |
| Skipper | 469.90 |
| GMM Pfaudler | 912.30 |
| View more.. | |
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