BHEL to procure goods worth Rs 3k crore from small biz annually: Official

State-owned Bharat Heavy Electricals Ltd (BHEL) will procure Rs 3,000 crore of products from small businesses annually as part of the government’s efforts to encourage them, a senior official said on Friday.

The company has earmarked 300 products, which are to be picked up from the small and medium enterprises, its executive director Anil Joshi said while speaking at a webinar on reigniting growth for the MSMEs.

“Going by the government’s thrust areas, we see a lot of market potential for local manufacturing in fields such as e-mobility, railway electrification, renewables and in energy conservation, for which we will need products such as inverters, transformers, power conditioning units, solar modules, LEDs, batteries, battery chargers, etc…