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BHEL gets LoA from Bharat Coal Gasification for contract worth Rs 2,800 crore 

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. 

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Aseem Thapliyal
Aseem Thapliyal
  • Updated Feb 10, 2026 4:54 PM IST
BHEL gets LoA from Bharat Coal Gasification for contract worth Rs 2,800 crore BHEL share price today

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.

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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.

Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.

ABOUT THE AUTHOR

Aseem Thapliyal
Aseem Thapliyal

A journalist with over 12 years' experience, who tracks trends in the share market and writes stock market stories. An active follower of Sensex and Nifty, I capture stocks in news and analysis by share market experts and brokerages on their outlook and price targets. I cover company news/earnings leading to a rally or crash in particular stocks or stock market indices. Also track impact of global stock markets on their Indian peers. I have worked with Live Mint and NDTV Profit in previous stints. My hobbies are exploring new places, travelling, watching movies, spending time with friends and family, watching web series, playing cricket and football. I have completed graduation from Delhi University along with a PG Diploma in journalism from IIMC. I can be reached easily via social media platforms.

Published on: Feb 10, 2026 4:54 PM IST
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