Which of the following is a Maharatna PSU?

The correct answer is BHEL.

Key Points

• Maharatna PSU
  • The Maharatna dispensation was instituted by the Union government in order to enable big Central Public Sector Enterprises (CPSEs) to grow into global giants (introduced in 2010).
  • CPSEs are companies in which the Central Government or other CPSEs own 51 percent or more of the stock.
  • The government has bestowed the title of 'Maharatna' on the state-owned Power Finance Corporation (PFC).
  • The Department of Public Enterprises, which is part of the Ministry of Finance, issued an order to that effect.
  • PFC is the country's 14th public sector business to be granted 'Maharatna' status, joining the names of ONGC, Indian Oil Corporation, Steel Authority of India Limited (SAIL), and BHEL, among others.

Important Points

• Bharat Heavy Electricals Limited (BHEL)
  • It is Maharatna PSU. Hence, Option 1 is correct.
  • It is engaged in the design, engineering, manufacturing, construction, testing, commissioning, and servicing of a wide range of products, systems, and services for the core sectors of the economy.
  • It supplies electric locomotives to the Indian Railways and defense equipment such as the Super Rapid Gun Mount (SRGM) naval guns manufactured in partnership with the Ordnance Factory Board and simulators to the Indian Armed Forces.

Additional Information

• List of Maharatna Companies