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UPA Government announces BHPV revival package

September 3, 2004
Gajuwaka, Visakhapatnam

The Bharat Heavy Plate and Vessels Limited(BHPV), a subsidiary of Bharat Yantra Nigam Limited got a breather with the United Progressive Alliance Government deciding in principle to bail it out by launching an exercise for a revival package. The revival plan submitted by the BHPV management is being examined by the Ministry for Heavy Industries and Public Enterprises. The Management which is struggling to get orders is hopeful that the new Government will come to its rescue.