ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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Wither BHEL? IS Bharat Heavy Electricals (BHEL) anti- cipaiing a secular decline in demand for its power generation equipment? And this, at a time when 38,500 MW of power generation capacity at an investment of Rs 80,445 crore (1989-90 prices) is proposed to be added during the Eighth Plan (1990-95). BHEUs foreign collaborators in power generation equipment, Siemens (FRG) and General Electric (US) are said to be squeezing it with the high cost of imported components, the final selling prices providing little compensation. The company is planning a major diversification which would significantly reduce the share of power plant equipment in its sales turnover, presently around 70 per cent (1987-88). It may perhaps be a wise step from a commercial stand point given the excessive reliance of the government on bilateral and multilateral credit.

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