•Bharat Heavy Electricals Limited (BHEL) board approved a joint venture with Titagarh Rail Systems Limited for Vande Bharat sleeper train maintenance.
•The JV agreement was approved in a board meeting held on March 19, 2026, pending DIPAM approval.
•BHEL's board also sanctioned an investment of ₹3064.46 crore as equity contribution to Bharat Coal Gasification and Chemicals Limited (BCGCL) over four years.
•The company decided to merge its Haridwar and Hyderabad plants into single units, effective April 1, 2026.
•These strategic moves aim to strengthen BHEL's presence in the railway sector and expand into energy and chemical sectors.
