BHEL top brass to meet Vilasrao Deshmukh on Monday

State-run BHEL's top brass, on Monday, will meet Minister of Heavy Industries and Public Enterprises Vilasrao Deshmukh, who today said the government is considering further disinvestment in the public sector firm.

When asked whether the disinvestment issue would be taken up in the meeting, Chairman and Managing Director BHEL said, "We have so many issues to discuss, right now I cannot say what would be discussed in the meeting."

The government today said it is considering offloading 10 per cent of its equity stake in BHEL.

"The point of disinvestment (in BHEL) is still under consideration... The government has definitely a positive thinking on that line," Deshmukh said when asked whether the government is considering divesting 10 per cent in the firm.

Addressing his first conference after taking charge as a Cabinet Minister, Deshmukh said his department would back the disinvestment policies of the government.

The government at present holds a 67.72 per cent equity stake in power equipment maker BHEL, which would come down to 57.72 per cent if it divests 10 per cent equity.