BF Utilities has entered into a Memorandum of Understanding (MoU) with Premier Explosives to consider forming a joint venture company (JVC) to participate in the indigenisation of defence products. The MoU has been signed on February 07, 2014, at Defexpo India 2014, New Delhi.
BF Utilities is engaged in power generation through wind mill technology. The company was set up to satiate the power requirements of the Kalyani Group companies, which have business interests in areas of steel making, forging, machining, etc.
