Archive · 9 Jan 2026
BHEL Secures Major Coal Gasification Order
BHEL, a big Indian company, got a job to build special machines that turn coal into chemicals.
They will work with another company, BCGCL, to make these machines in a place called Jharsuguda in Odisha.
The machines will use a special technology called PFBG to clean the coal and make something called syngas.
This is the first time this technology is being used on a big scale.
The machines will help make a chemical called ammonium nitrate.
BHEL will do all the planning, building, and testing of these machines.
The project is worth Rs 5,400 crore and will take about 42 months to complete.
BHEL's shares fell by 10.34% on January 8, 2026, but a financial expert says this is not a big deal and the company is still doing well.
BHEL has secured an order from BCGCL for coal gasification and raw syngas cleaning facilities for a coal-to-ammonium nitrate project in Jharsuguda, Odisha.
BCGCL is a joint venture between BHEL and Coal India Ltd (CIL).
The project will use BHEL’s in-house developed Pressurised Fluidised Bed Gasification (PFBG) technology, marking its first commercial-scale application.
The scope of work includes engineering, procurement, construction, commissioning, and performance guarantee of the coal gasification and raw syngas cleaning facilities.
The project will deploy various facilities including a gasifier, steam generation plant, air separation unit, coal and ash handling systems, and cooling tower facilities.
- Who
- Bharat Heavy Electricals Limited (BHEL) and Bharat Coal Gasification and Chemicals Limited (BCGCL)
- What
- BHEL has secured an order for coal gasification and raw syngas cleaning facilities for a coal-to-ammonium nitrate project
- When
- January 8, 2026
- Where
- Jharsuguda, Odisha
- Why
- To deploy BHEL’s in-house developed Pressurised Fluidised Bed Gasification (PFBG) technology for the first commercial-scale application
- Company
- Bharat Heavy Electricals Limited (BHEL)
- Project Location
- Jharsuguda, Odisha
- Client
- Bharat Coal Gasification and Chemicals Limited (BCGCL)
- Technology
- Pressurised Fluidised Bed Gasification (PFBG)
- Scope of Work
- Engineering, procurement, construction, commissioning, and performance guarantee of coal gasification and raw syngas cleaning facilities
- Project Type
- Coal-to-ammonium nitrate project
- Date
- January 8, 2026
- Contract Value
- Rs 5,400 crore (excluding GST)
- Project Duration
- 42 months for commissioning, 60 months for O&M
- Share Price Impact
- 10.34% fall on January 8, 2026
- Brokerage Rating
- Buy with a target price of Rs 349
Sources
BHEL wins coal gasification order for Jharsuguda coal-to-chemicals project
BHEL shares in focus on bagging order in Odisha, more details
BHEL share price: Antique says 10% fall on China buzz unjustified; here's why
