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Bharat Heavy Electricals Limited (BHEL) is a _______company.
Question

Bharat Heavy Electricals Limited (BHEL) is a _______company.

A.

Navratna

B.

Miniratna

C.

Maharatna

D.

Rajratna

Correct option is C

The correct answer is (c) Maharatna.

  • Bharat Heavy Electricals Limited (BHEL) is an Indian central public sector undertaking and the largest government-owned electrical/ industrial technology company. It is owned by the Government of India, with administrative control by the Ministry of Heavy Industries.
  • Established in 1956 with the help of Soviet technology, BHEL is based in New Delhi.

Information Booster:

A Maharatna company is a government-owned enterprise in India that meets certain criteria, including:

  • Navratna status: The company must first be a Navratna company.
  • Stock listing: The company's stocks must be listed on the Indian Stock Exchange.
  • Annual turnover: The company's average annual turnover over the last three years must be more than ₹25,000 crore. Net worth: The company's average net worth over the last three years must be ₹15,000 crore.
  • After-tax profit: The company must have made a profit after taxes of at least ₹5,000 crore over the last three years. International operations: The company must operate internationally and have a notable global presence.
  • Some examples of Maharatna companies include:
  • Bharat Heavy Electricals Limited (BHEL) -An engineering and industrial conglomerate that offers a range of products and services
  • Bharat Petroleum Corporation Limited (BPCL) -A state-owned oil and gas company that operates in the upstream, midstream, and downstream petroleum sectors
  • Coal India Limited (CIL)- The world's largest coal producer and a major contributor to India's energy sector
  • GAIL (India) Limited -India's leading natural gas company that explores, produces, processes, transmits, distributes, and markets natural gas and its by-products
  • Indian Oil Corporation Limited (IOCL) -India's largest oil refining and marketing company that operates refineries, pipelines, and fuel stations
  • Power Finance Corporation Limited -The largest Non-Banking Financial Company (NBFC) in India

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