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Vineet Saxena

9th Jan · SEBI-Registered Analyst

BHEL
wins ₹5,400 crore Coal Gasification Order

BHEL
has received a Letter of Acceptance (LoA) worth ~₹5,400 crore (excluding GST) from Bharat Coal Gasification and Chemicals Ltd (BCGCL), a joint venture between Coal India (51%) and BHEL (49%). The order is for the Coal Gasification & Raw Syngas Cleaning Plant (LSTK-1 package) for BCGCL’s 2,000 TPD Ammonium Nitrate project at Lakhanpur, Jharsuguda (Odisha). Key highlights: Scope includes design, engineering, equipment supply, civil works, erection, commissioning, and O&M services Project completion timeline: 42 months from LoA O&M duration: 60 months post commissioning Strengthens BHEL’s presence in coal gasification, fertilizers, and energy transition projects This order reinforces BHEL’s strategic role beyond power equipment into value-added industrial and clean coal technologies, supporting long-term revenue visibility. If you want, I can also add financial impact (order book, execution visibility) or rewrite it in a bullish stock-market tone.

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