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Bharat Heavy Electricals signs MoU with Rosoboronexport, Russia

Capital Market 

To cooperate and undertake joint projects and operations for defence systems

Bharat Heavy Electricals has signed an MoU with Joint Stock Company Rosoboronexporr, Russia during the 5th India Russia Military Industrial conference held in Lucknow.

The aim of the MOU is to cooperate and undertake joint projects and operations for Defence Systems. This will help in leveraging BHEL's strength/capabilities in the Defence Sector in association with Russian OEMs under the 'Make in India' initiative and offer indigenous support and solutions to the Indian Defence Forces.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, February 12 2020. 18:24 IST
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