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Govt to sell stakes in Bhel, 2 others next Premium Bhel accounts for 53% of India’s installed power generation capacity in the conventional space, producing the entire range of power plant equipment ranging from thermal, gas, hydro and nuclear power projects. 2 min read Share Via Read Full Story India may consider Bharat Heavy Electricals Ltd (Bhel), Mecon Ltd and Andrew Yule and Co. Ltd among candidates for the next round of disinvestment pick, said two people aware of the development, requesting anonymity. SBI Capital Markets Ltd, the adviser to the proposed stake sale in Bhel, recently submitted its report to the department of investment and public asset management (Dipam) on the plan. This will help the government’s thinking on whether to proceed with the stake sale in India’s largest power equipment maker and the amount of stake that would be sold. ....