Bharat Heavy Electricals Limited — Others, 12-05-2025: News Verification

BHEL has announced a board meeting on a proposed joint venture with REC Power Development Company Ltd to work on renewable energy projects. Following a non-binding MoU signed earlier, BHEL’s board approved moving forward with obtaining government clearances. The JV agreement will be finalized once approvals are secured. The company confirmed no undisclosed information exists and indicated this initiative will not materially impact its current operations or financials, reflecting a strategic step toward expanding its renewable energy presence.