New Delhi, Jan. 19 -- The Centre is considering categorizing state-run Bharat Heavy Electricals Ltd (BHEL) as a 'strategic' public sector undertaking, according to two people close to the development.

The move comes as the company diversifies into newer areas like electric mobility and nuclear and renewable power, and witnesses a reversal in its fortunes with large orders in the thermal power and railway segments.

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"There is a consideration on the categorization of BHEL as strategic PSU. Now, that a parliamentary committee has also recommended the tag of strategic PSU for the company, there would be further thought on this," said one of ...