ICICI Ventures eyes stake in BHEL JV
September 5th, 2008 by admin | No Comments | Filed in BSE, Market WatchTwo leading private financial institutions — ICICI Ventures and IL&FS — are likely to pick up 50 per cent stake in the NTPC-BHEL joint venture, which was floated in April this year to manufacture power equipment. “We are meeting IL&FS and ICICI Ventures representatives on September 10. We will see how much they can invest in this joint venture company,” said minister of state for power, Mr Jairam Ramesh. (more…)
Tags: BHEL, ICICI Ventures, IL&FS, joint venture, NTPC

