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BSE Sensex 16018.87 83.26 0.52%
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India VIX 30.36 1.14 3.90%
Tue, Feb 09, 2010 12:21PM IST
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HEC, BHEL to sign memorandum of understanding for new venture
 

The Heavy Engineering Corporation (HEC) and Bharat Heavy Electrical Limited (BHEL) will sign a memorandum of understanding for a proposed joint venture on September 6, according to HEC sources.

As per the tie-up for the new joint venture, BHEL would use the HEC's foundry forges plant, and the companies would have equal participation in the vent

Read more at the source:   http://www.utvi.com/industry-news/power-and-energy-in dustry-news/9379/hec--bhel-to-sign-mou-for-new-ventur e.html
 

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