The Ranchi-based Heavy Engineering Corporation has joined hands with Bharat Heavy Electricals Ltd (Bhel) for a joint venture foundry forge company, informed an HEC official. Abhay Kanth, HEC company secretary, said, 'HEC has a foundry and forge unit and is capable of meeting Bhel's requirements. The new company will utilize this unit, which Bhel will help modernize.' As per the HEC company secretary, there…