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Bharat Heavy Electricals bags LoA worth Rs 5400 crore from BCGCL

09 Jan 2026 Evaluate

Bharat Heavy Electricals (BHEL) has received letter of acceptance (LoA) worth around Rs 5400 crore (excluding GST) from Bharat Coal Gasification and Chemicals (BCGCL), a joint venture company of BHEL (49%) and Coal India (51%). The order is for Coal Gasification & Raw Syngas Cleaning Plant (LSTK 1 Package) of BCGCL's Coal to 2000 TPD Ammonium Nitrate Project at Lakhanpur, Jharsuguda, Odisha.

The order includes, design, engineering, supply of equipment, civil works, erection, commissioning and O&M Services for LSTK 1 Package. The project is to be completed (Commissioning & Performance Guarantee Test) within 42 months from date of LoA; and the operation and maintenance (O&M) services will be for 60 months thereafter.

Bharat Heavy Electricals (BHEL) is an Indian central public sector undertaking and the largest government-owned power generation equipment manufacture.

Peers
Company Name CMP
Bharat Heavy Elect. 418.60
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Kirloskar Industries 3629.00
Skipper 565.10
INDO-MIM 1281.95
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