BHEL is now ‘maharatna’ enterprise
Express news service :New Delhi, Feb 04 2013, 00:34 IST
Power gear maker Bharat Heavy Electricals Ltd (BHEL) said it has been granted the ‘maharatna’ status by the government.
This would enable the board of the state-owned firm to take investment decisions of up to Rs 5,000 crore without going to the government.
The company, in a statement, said the status will help BHEL “realise its long-term objectives and reach a turnover of Rs 1 lakh crore by 2016-17”.
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