BHEL Receives ₹2800 Crore Order for Syngas Purification Plant from JV BCGCL
BHEL secured a ₹2800 Crore order for a Syngas Purification Plant from its joint venture company, BCGCL. The contract involves design, engineering, supply, erection, commissioning, and O&M services, with execution expected within 42 months.
The order value of ₹2800 Crores is substantial and represents a significant new business win for BHEL, likely impacting its financial performance and market position.
The company has received a significant new order, which is positive for its business and revenue outlook.
Bharat Heavy Electricals Limited (BHEL) has received a Letter of Acceptance (LOA) from Bharat Coal Gasification and Chemicals Limited (BCGCL), a joint venture company of Coal India Limited (51%) and BHEL (49%).
The LOA, received on February 10, 2026, is for the Syngas Purification Plant (LSTK 2 Package) for BCGCL's Coal to 2000 TPD Ammonium Nitrate Project located in Lakhanpur, Jharsuguda District, Odisha.
The contract, awarded on a nomination basis, involves Design, Engineering, Supply of equipment, Civil works, Erection, Commissioning, and O&M Services for the LSTK 2 Package. The order size is approximately ₹2800 Crores, excluding Custom Duty and GST.
Execution of the contract, including Preliminary Acceptance via Commissioning & Performance Guarantee Test, is expected within 42 months from the date of the LOA. Following this, O&M Services will be provided for 60 months from Preliminary Acceptance.
BHEL has an interest in BCGCL as a promoter company and is the executing agency for this contract. The order falls within related party transactions and has been conducted at an arm's length basis.
What to do with a filing like this
Bharat Heavy Electricals Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Bharat Heavy Electricals Limited. Read the original for the full detail.