Board Meeting14 Oct 2026, 01:51 pm
BHEL Board Approves ₹500 Cr Investment, Merger of Units
AI Summary
Bharat Heavy Electricals Ltd (BHEL) announced key decisions from its Board Meeting held on October 14, 2026. The Board has approved a significant capital investment of approximately ₹500 Crore for additional facilities at its HEEP-Haridwar Unit, aimed at enhancing manufacturing capabilities for Thermal & Nuclear Sets. Additionally, the company will merge its Electrical Machines Repair Plant (EMRP) in Mumbai and the Electronics Division (EDN) in Bengaluru into a single unit, with EDN designated as the merged entity. This merger will be effective from November 1, 2026. The meeting commenced at 12:30 PM and concluded at 1:26 PM.
Key Highlights
- BHEL Board approves ₹500 Crore investment for manufacturing facilities.
- Merger of EMRP, Mumbai and EDN, Bengaluru approved.
- EDN to be the single merged unit effective November 1, 2026.
- Focus on enhancing Thermal & Nuclear Sets manufacturing capacity.
Price Impact
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