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Bharat Heavy Electricals (BHEL) has signed a memorandum of understanding (MoU) with SJVN for development of Solar Power projects in India. The MoU aims at building a closer strategic partnership between the parties for jointly pursuing commercial solar power projects through participation in tariff and viability gap funding based competitive bidding process.

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.

Peers
Company Name CMP
Bharat Heavy Elect. 430.50
Thermax 3136.90
Kirloskar Industries 3460.65
Skipper 516.65
INDO-MIM 1248.90
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