Chief Minister Pinarayi Vijayan on Friday inaugurated the renovated KEL Electrical Machines Limited at Kasaragod, which the State government bought back from the Bharat Heavy Electrical Limited after the Union government had planned to privatise it.
The government has spent ₹77 crore after the takeover, including ₹43 crore for renovation and ₹34 crore to service the debts, he said.
Mr. Vijayan said the Union government had not yet responded positively to the State's demand for handing over control of the HLL Lifecare Limited, instead of privatising it.
