# BHEL approves Rs 30.64 bn investment in coal gasification joint venture

Bharat Heavy Electricals Limited (BHEL) approved an equity investment of Rs 30.6446 billion in its joint venture Bharat Coal Gasification & Chemicals Limited (BCGCL), to be deployed over four years. BCGCL will focus on coal to chemicals projects starting with a 2,000 tonnes per day ammonium nitrate facility.

- Type: Investment
- Announced: 2026-03-25
- Where: India
- Value: $366.0M (30.6B INR)
- Status: announced
- Capacity: 2,000 tonnes per day ammonium nitrate
- Products: ammonium nitrate, coal to chemicals
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Bharat Heavy Electricals](https://endata.com/companies/1451.md) (investor)
- [Coal India](https://endata.com/companies/8901.md) (partner)
- [Bharat Coal Gasification & Chemicals Limited](https://endata.com/companies/91015.md) (target)

## Sources

- [constructionworld.in](https://www.constructionworld.in/policy-updates-and-economic-news/bhel-approves-rs-30.6446-bn-investment-in-bcgcl/88586), 2026-03-25: "BHEL has approved an equity investment of Rs 30.6446 bn in its joint venture Bharat Coal Gasification & Chemicals Limited (BCGCL)"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.