DIPAM rejects JV proposal of BHEL with RECPDCL
Bharat Heavy Electricals Limited (BHEL) has informed that the Department of Investment and Public Asset Management (DIPAM) did not approve the proposed joint venture (JV) with REC Power Development and Consultancy Limited (RECPDCL). The board communicated this decision in its meeting on September 25, 2025, following a previous clarification issued on May 10, 2025. The…