Wednesday, August 27, 2008

BHEL to profit from Indo-US nuclear deal

BHEL’s Bhopal unit will make equipment for nuclear plants and turbines, and assemble them once the India-US nuclear deal gets through, Minister of State for Power Mr. Jairam Ramesh said Tuesday on a visit to the plant. We view this as a big positive for BHEL but at the same time wonder if BHEL has the technological know-how to venture into this segment.

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