Minister of heavy industries Vilasrao Deshmukh said today, 19 June 2009, the government will positively consider selling 10% stake in state-run engineering firm Bharat Heavy Electrical (Bhel) and a final decision is yet to be taken. The government currently owns 67.7% stake in Bhel and the stake sell can fetch Rs 10,000 crore.
The ministry said Bhel would sign agreements with two state utilities for power joint ventures and extend its agreement with Siemens AG for steam turbines and generators.
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