BHEL plans JVs with APGenco, TN power board
Power equipment major Bharat Heavy Electricals (BHEL) is all set to finalise separate joint ventures with the Andhra Pradesh Power Generation Company (APGenco) and the Tamil Nadu Electricity Board, close on the heels of its first joint venture company, NTPC-Bhel Power Projects, which was formed last month. As a first step, the country's largest power equipment supplier will sign a memorandum of understanding (MoU) with the APGenco for supplying equipment for a 125-mw plant, which is expected to come up at Vijaywada, Andhra Pradesh, shortly.