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BHEL announced an investment of Rs 3,064.46 crore as its equity contribution into Bharat Coal Gasification and Chemicals Ltd., its joint venture with Coal India Ltd. The investment will be spread over four years.
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.