Government plans 5% stake sale in BHEL
after close1 source ↓written by the desknot a recommendation
- of Bharat Heavy
- 174.2 million equity shares
- of its total
- 5%
- OFS valued
- ₹4,470 cr
- by 2032
- ₹50 lakh crore
The Indian government is set to offload 174.2 million equity shares of Bharat Heavy Electricals Ltd (BHEL), representing 5% of its total equity, through an offer for sale (OFS) valued at ₹4,470 cr. This move aims to bolster investments in the renewable energy and power sectors as outlined in the Draft National Electricity Policy, 2026.
The policy targets a significant increase in per capita electricity consumption, necessitating an investment of ₹50 lakh crore by 2032. This strategic offloading could enhance market sentiment around BHEL shares as it aligns with national energy goals.
Not investment advice. For informational purposes only.