BHEL

BHEL is a major engineering firm expected to benefit from the push for coal gasification and green hydrogen infrastructure. As a traditional power equipment manufacturer, BHEL is adapting to new energy technologies by supplying essential components and sub-systems for these plants. The company's vast manufacturing base and experience in heavy electrical equipment make it a natural choice for government-backed energy projects. While it faces competition, its ability to integrate into the new energy value chain suggests a promising turnaround, offering investors a chance to participate in India's industrial modernization.