The country’s largest defence electronic company Bharat Electronic Ltd (BEL) is looking at tapping the lucrative business potential in the atomic energy sector.
The Navratna defence PSU said it was exploring opportunities at the instrumentation part of the nuclear technology as part of its diversification plans.
“BEL is looking at instrumentation part of the nuclear technology as one of our diversification areas,” the Chairman and Managing Director of the company, Mr V.V.R. Sastry, told PTI here.
He said the Indo-US nuclear deal will open up huge technological advantage and investment opportunities for Indian companies and that the BEL was working eagerly to tap the benefits.
“We are actively and eagerly working on this scenario and we want to take advantage out of it for our business diversification plans,” Mr Sastry said. Asked whether the company would be interested in entering into any joint ventures with foreign compani es, he said the company was looking at “all alternatives.”
Engineering major Larsen and Toubro (L&T), Anil Ambani's Reliance Power, Bharat Heavy Electricals, Infosys, Wipro and TCS and many other companies are also looking at opportunities to exploit possible opportunities in the nuclear energy sector.
Mr Sastry declined to divulge details on how much money the company plans to pump in for diversification in the area. - PTI
The Navratna defence PSU said it was exploring opportunities at the instrumentation part of the nuclear technology as part of its diversification plans.
“BEL is looking at instrumentation part of the nuclear technology as one of our diversification areas,” the Chairman and Managing Director of the company, Mr V.V.R. Sastry, told PTI here.
He said the Indo-US nuclear deal will open up huge technological advantage and investment opportunities for Indian companies and that the BEL was working eagerly to tap the benefits.
“We are actively and eagerly working on this scenario and we want to take advantage out of it for our business diversification plans,” Mr Sastry said. Asked whether the company would be interested in entering into any joint ventures with foreign compani es, he said the company was looking at “all alternatives.”
Engineering major Larsen and Toubro (L&T), Anil Ambani's Reliance Power, Bharat Heavy Electricals, Infosys, Wipro and TCS and many other companies are also looking at opportunities to exploit possible opportunities in the nuclear energy sector.
Mr Sastry declined to divulge details on how much money the company plans to pump in for diversification in the area. - PTI
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