BHEL receives LOI for supply of defence equipment from defence forces

New Delhi: State-owned Bharat Heavy Electricals Limited (BHEL) said in a regulatory filing on Saturday that "the company has received LOI for supply of strategic equipment to the defence sector for Rs 3,700 crore which will be delivered over the next 12 years."

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)