Ellenbarrie Secures ₹481 Crore ASU Contract from BHEL
Ellenbarrie Industrial Gases has secured a ₹481 crore contract from BHEL for a 1200 TPD cryogenic Air Separation Unit. The project for BHEL's Coal to Ammonium Nitrate plant in Odisha is expected to be commissioned in FY29. This marks Ellenbarrie's entry into a significant coal gasification opportunity.
The contract value of ₹481 crore is substantial for the company, and it represents entry into a large, long-term industrial gas opportunity aligned with national strategic initiatives, which is expected to have a significant positive impact on the company's future.
The company has secured a significant contract of ₹481 crore, which is a positive development indicating business growth and expansion into new strategic areas like coal gasification.
Ellenbarrie Industrial Gases Limited has announced securing a contract worth ₹481 crore for a 1200 TPD cryogenic Air Separation Unit (ASU) from Bharat Heavy Electricals Limited (BHEL). This ASU is for BHEL's Coal to Ammonium Nitrate project, which will have a capacity of 2000 TPD, located at Bandhabal, Jharsuguda District, Odisha.
The project is slated for execution over eight quarters and is expected to be commissioned in FY29. The contract operates on a Build and Transfer (B&T) basis, meaning Ellenbarrie will not be involved in the long-term ownership or operation of the plant.
This award signifies Ellenbarrie's entry into a significant long-term industrial gas opportunity under the National Coal Gasification Mission, a strategic national initiative to reduce import dependence and boost domestic production of chemicals and fertilizers. Varun Agarwal, Joint Managing Director of Ellenbarrie, highlighted that this is the largest plant built by the company to date, positioning them among a select group capable of constructing plants exceeding 1000 TPD. The contract also expands Ellenbarrie's engineering capabilities beyond its traditional industrial gas business.
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Ellenbarrie Industrial Gases 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 Ellenbarrie Industrial Gases Limited. Read the original for the full detail.