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This is an extended summary, original article can be found here

Extended Summary:

Bhel looks to pivot from power sector to transportation, electric vehicles.

Bhels move comes against the backdrop of an uncertain outlook for power sector orders.

While Bhel has signed an agreement with Ashok Leyland Ltd and Tata Motors Ltd for developing a propulsion system for buses, the public sector unit is also seeking technical collaboration to manufacture metro rail locomotives and has initiated separate talks with Hitachi Transportation Systems, Mitsubishi Heavy Industries and koda Transportation.

The National Democratic Alliance government wants to increase the share of waterways transportation from 6% of freight transported in India to 10% by 2020.

As a leader in EV Buses in India, we are keen to partner companies like BHEL and look forward to more such opportunities to develop and stabilise the xEV supply chain in India, an Ashok Leyland spokesperson said in response to a questionnaire.

A person aware of Tata Motors plans said that a lot of focus will be in the electric buses segment, which is expected to get a big push from the governments urbanisation programme that plans to build smarter and greener cities.

Bhel plans to piggyback on Indias urban challenge, with 600 million Indians expected to live in cities and towns by 2030.

The idea is to cater to the entire ecosystem of the metro rail business on the lines of what we did for the power business..

This may include manufacturing metro coaches, engines and also constructing the actual metro rail links.

The need of the hour is to diversify into these segments and concentrate on them, said a third person who also didnt wish to be named.

The plan is to start with manufacturing around 400 coaches a year resulting in a revenue of around Rs4,000 crore.

Experts say India presents the right opportunity for Bhel to plan its mobility solutions.

Queries emailed to the spokespersons of Bhel, Tata Motors, koda Transportation; and posted on the websites of Hitachi Transportation Systems and Mitsubishi Heavy Industries on late Wednesday evening remained unanswered.

The total order inflow for the nine months ended December was about Rs6,500 crore.

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