BHEL gets LoA from Bharat Coal Gasification for contract worth Rs 2,800 crore
BHEL shares ended on a flat note at Rs 276.05 against the previous close of Rs 274.60. Market cap of the firm stood at Rs 96,122 crore.
- Feb 10, 2026,
- Updated Feb 10, 2026 4:54 PM IST
Public sector major Bharat Heavy Electricals Ltd (BHEL) on Tuesday said it has received a preliminary acceptance or a Letter of Acceptance (LoA) from Bharat Coal Gasification and Chemicals (BCGCL) for a contract worth Rs 2,800 crore. The order relates to Syngas Purification Plant (LSTK 2 Package) of BCGCL's Coal to 2000 TPD Ammonium Nitrate Project at Lakhanpur, Jharsuguda District, Odisha.
The contract involves design, engineering, supply of equipment, civil works, erection, commissioning and O&M services for LSTK 2 Package.
Bharat Coal Gasification and Chemicals Limited (BCGCL) is a joint venture company of Coal India Limited (51%) & Bharat Heavy Electricals Limited (49%).
BHEL is one of the promoter companies of BCGCL, as well as the Executing agency for the contract of Syngas Purification Plant (LSTK 2 Package). BCGCL is the Joint Venture Company of CIL and BHEL.
The order was communicated to bourses after market hours today. BHEL shares ended on a flat note at Rs 276.05 against the previous close of Rs 274.60. Market cap of the firm stood at Rs 96,122 crore.
Public sector major Bharat Heavy Electricals Ltd (BHEL) on Tuesday said it has received a preliminary acceptance or a Letter of Acceptance (LoA) from Bharat Coal Gasification and Chemicals (BCGCL) for a contract worth Rs 2,800 crore. The order relates to Syngas Purification Plant (LSTK 2 Package) of BCGCL's Coal to 2000 TPD Ammonium Nitrate Project at Lakhanpur, Jharsuguda District, Odisha.
The contract involves design, engineering, supply of equipment, civil works, erection, commissioning and O&M services for LSTK 2 Package.
Bharat Coal Gasification and Chemicals Limited (BCGCL) is a joint venture company of Coal India Limited (51%) & Bharat Heavy Electricals Limited (49%).
BHEL is one of the promoter companies of BCGCL, as well as the Executing agency for the contract of Syngas Purification Plant (LSTK 2 Package). BCGCL is the Joint Venture Company of CIL and BHEL.
The order was communicated to bourses after market hours today. BHEL shares ended on a flat note at Rs 276.05 against the previous close of Rs 274.60. Market cap of the firm stood at Rs 96,122 crore.