Wednesday, 29 July 2026

Indian corporate news, decoded into deal flow

NSE LIVE
NIFTY 50 INDIA VIX
as of
MARKETS
DEAL FLOW
Tata Capital Q1 Results: PAT Soars… ▲ Results Details BlueStone Jewellery and Lifestyle Reports Strong… ▲ Results Details Pace Digitek Subsidiary Crosses 300 BESS… ▲ Capex & Future Plans Netweb Technologies India Limited Reports Record… ▲ Results Details Tips Music Limited Reports 21% Revenue… ▲ Results Details The Grob Tea Completes ₹72.16 Crore… ▲ MERGERS & ACQUISITIONS Aurionpro Solutions Q1 FY27 Results: Revenue… ▲ Results Details
Home / Order Book / BHEL Wins ₹2,800 Crore Syngas Project in Odisha
OB · Order Book

BHEL Wins ₹2,800 Crore Syngas Project in Odisha

BHEL Wins ₹2,800 Crore Syngas Project in Odisha

Bharat Heavy Electricals Limited (BHEL) has secured a major domestic order with the receipt of a Letter of Acceptance (LoA) for a large-scale industrial project in Odisha, reinforcing its leadership in India’s core infrastructure and energy segments.

The contract, valued at approximately ₹2,800 crore (excluding customs duty and GST), is for setting up a Syngas Purification Plant—a critical unit of the Coal to 2,000 TPD Ammonium Nitrate Project located at Lakhanpur in Jharsuguda district.

The project has been awarded by Bharat Coal Gasification and Chemicals Limited (BCGCL), a joint venture between Coal India Limited and BHEL, in which BHEL holds a 49% equity stake. The initiative is a key step toward strengthening India’s coal gasification and value-added chemical production capabilities.

Under the contract, BHEL will undertake end-to-end project execution, including design, engineering, equipment supply, civil construction, erection, and commissioning of the Syngas Purification Plant. The commissioning phase is scheduled to be completed within 42 months.

In addition to project execution, BHEL will also provide operation and maintenance (O&M) services for 60 months, ensuring long-term operational reliability and efficiency of the plant.