{"id":50204,"date":"2016-01-12T11:45:43","date_gmt":"2016-01-12T11:45:43","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=50204"},"modified":"2016-01-12T11:45:43","modified_gmt":"2016-01-12T11:45:43","slug":"bhel-11-other-psus-running-in-losses-anant-geete","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bhel-11-other-psus-running-in-losses-anant-geete\/","title":{"rendered":"BHEL, 11 other PSUs running in losses: Anant Geete"},"content":{"rendered":"<p>Union Heavy Industries Minister Anant Geete today said that out of 32 public sector undertakings (PSUs) under his ministry, 12 including Bharat Heavy Electricals Limited (BHEL) are running in losses.<\/p>\n<p>&#8220;Out of 32 PSUs under my (heavy industries) ministry, 12 including BHEL were running in losses,&#8221; he told reporters here.<\/p>\n<p>He said BHEL, a maharatna company, will come out of the financial distress in a year as it got orders worth Rs 28,000 crore this year.<\/p>\n<p>To a query, Geete blamed the alleged coal scam under the previous UPA government for the ill-health of BHEL.<\/p>\n<p>&#8220;After the coal scam came to light, it resulted into short supply of the fuel which hit the power generation sector in India. The coal scam came as a cropper and the new ventures in power didn&#8217;t take place as expected,&#8221; he alleged.<\/p>\n<p>According to the minister, however, things are changing and condition of BHEL and 11 other PSUs will improve.<\/p>\n<p>To improve the financial condition of BHEL, Geete said the company was looking to manufacture equipment used in setting up of solar power plants.<\/p>\n<p>BHEL is engaged in manufacturing turbines and other relevant equipments used in setting up of hydro and thermal power stations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Union Heavy Industries Minister Anant Geete today said that out of 32 public sector undertakings (PSUs) under his ministry, 12 including Bharat Heavy Electricals Limited (BHEL) are running in losses. &#8220;Out of 32 PSUs under my (heavy industries) ministry, 12 including BHEL were running in losses,&#8221; he told reporters here. He said BHEL, a maharatna company, will come out of the financial distress in a year as it got orders worth Rs 28,000 crore this year. To a query, Geete blamed the alleged coal scam under the previous UPA government for the ill-health of BHEL. &#8220;After the coal scam came [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[132],"tags":[],"class_list":["post-50204","post","type-post","status-publish","format-standard","hentry","category-power"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/50204","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=50204"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/50204\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=50204"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=50204"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=50204"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}