Power sector needs to spend Rs 6,000 crore on equipment

The Indian power industry will need to spend Rs 6,000 crore yearly to import equipment to meet the government's target of adding 14,000 MW generating capacity every year.  Domestic availability of power equipment is worth only around Rs 2,000 crore. Country's largest power equipment manufacturer Bharat Heavy Electricals Ltd (BHEL), is unable to meet all the demand due to surge in power generation projects that are under construction. BHEL's annual equipment capacity is likely to be raised to 10,000 MW from the existing 6,000 MW. Contact: Bharat Heavy Electricals Limited. Tel: 011-6633 7000. Fax: 011-2649 3021. E-mail: query@bhel.com Website: www.bhel.com