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Bharat Coal Gasification and Chemicals Ltd (BCGCL), the joint venture of Coal India Ltd (CIL) and BHEL, has started ground construction activities for its Rs 25,000 crore coal gasification project in Odisha, with most of the tenders awarded, its Managing Director Peeyush Kumar said on Thursday. The development assumes significance in the wake of the country's push to build 100 million tonne of coal gasification capacity by 2030 under the National Coal Gasification Mission, aimed at converting coal into chemicals and bringing down the import dependence on products such as LNG, urea, ammonia and methanol. "We are going ahead with the joint venture of BHEL and Coal India, which is BCGCL....I am happy to share that we have started ground construction activities... Most of the tenders have been awarded and construction has started," Kumar said during the 17th Edition of Gasification India 2026 organised by Mission Energy Foundation. BCGCL--a joint venture in which CIL holds the majority
State-owned BHEL on Wednesday reported a two-fold jump in consolidated net profit to Rs 820.94 crore for the September quarter, driven by higher income from key business verticals such as power and industry. BHEL is India's largest engineering and manufacturing enterprise in the energy and infrastructure sector. The company had clocked a net profit of Rs 374.89 crore in the second quarter of the preceding financial year, BHEL said in an exchange filing. In July-September, the company's total income rose 24 per cent to Rs 9,553.01 crore from Rs 7,686.11 crore in the year-ago period. Sharing segment-wise break-up, the company said that from power and industry businesses, it earned revenue of Rs 6,637.90 crore and Rs 2,662.45 crore, respectively, up from Rs 5,675.64 crore and 1,836.16 crore garnered from the two verticals in the September quarter of FY25. Expenses stood at Rs 8,482.40 crore compared to Rs 7,201.54 crore a year ago.
State-owned engineering firm Bharat Heavy Electricals Ltd (BHEL) has secured an order from Nigeria's Dangote Petroleum Refinery and Petrochemicals Free Zone Enterprise for the supply and supervision of erection and commissioning of eight gas turbine generator packages. The order, secured amidst intense international competition, has been placed by Dangote Petroleum Refinery and Petrochemicals Free Zone Enterprise, part of the Dangote Group, said a company statement issued on Tuesday. The group is one of Africa's largest and most diversified business conglomerates, with interests spanning oil refining, petrochemicals, fertilisers, cement, sugar, packaging and other sectors. The scope of work includes the manufacture and supply of eight gas turbine generator packages, along with supervision of erection and commissioning activities at project site. The equipment shall be manufactured by BHEL's facilities at Hyderabad and Bengaluru. The order marks a significant milestone for BHEL, be