As a popular adage in power sector circles goes, three out of five light bulbs in India are powered by electricity generated from its machines. It has the credit of commissioning power plants in extremely difficult terrain, such as Syria, Libya and Iraq. In 2022, however, as India undergoes an energy transition from fossil fuels to renewables, the fear is that the public sector undertaking (PSU) might be left behind.
According to several experts and the company’s past and present employees, this is no less than an existential crisis for Bhel, which is heavily dependent on orders for conventional power projects. View Full ImageDim View Those have been drying up. Sample this: In the last three years, the Union ministry of environment, forest and climate change have given…