Millennium Post

‘BHEL has no new orders’

State-run BHEL is facing an 'alarming situation' in the absence of new orders from the much-delayed power projects, despite an existing order book of Rs 1.30 lakh crore, according to a government official. The company conveyed its concerns recently to the heavy industry ministry, the official said. The order flow has been hurt in recent times in the wake of multiple power sector problems.

From 2011-12 onwards, issues of coal linkages, finances and delays in environment clearances are impacting the power sector.

The official said no new orders are coming up while existing projects are going slow or put on hold due to financial constraints. 
PTI

PTI

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