Joint Venture25 Sept 2025, 06:18 pm
BHEL-REC Power Joint Venture Proposal Rejected by DIPAM
AI Summary
In a recent development, the Board of Directors of Bharat Heavy Electricals Ltd (BHEL) has noted that the Department of Investment and Public Asset Management (DIPAM) has not agreed to the proposal for a Joint Venture between BHEL and REC Power Development and Consultancy Limited. The decision was made in a meeting held on 25.09.2025, which started at 4:00 PM and concluded at 5:30 PM.
Key Highlights
- BHEL's proposal for a Joint Venture with REC Power Development and Consultancy Limited has been rejected by DIPAM.
- The decision was noted in a Board Meeting held by BHEL on 25.09.2025.