12 DoHI PSUs running in losses

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Heavy Industries

Union Heavy Industries Minister Anant Geete on Tuesday said that out of 32 public sector undertakings (PSUs) under his ministry, 12 including BHEL were running in losses. However, BHEL, a Maharatna company, would come out of the financial distress in a year as it got orders worth Rs 28,000 crore this year.

He said while plans were afoot to make all enterprises profitable by adapting to market conditions. BHEL, for instance, is branching off into making heavy equipment for solar power plants.

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