India's BHEL sees FY09 sales at $7 bln - chief | Reuters: "NEW DELHI, Jan 8 (Reuters) - India's Bharat Heavy Electricals Ltd (BHEL.BO) sees sales in the year to March 31 at $7 billion, its chairman and managing director said on Thursday. 'We expect sales growth between 25 to 30 percent for this financial year. We expect similar growth for the next three years,' K. Ravikumar told reporters on the sidelines of a business conference.
He also said the firm would invest 48 billion rupees by 2011 to raise capacity to 20,000 megawatts from 15,000 megawatts. (Reporting by Manoj Kumar, Editing by Mark Williams)".
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