Bharat Heavy Electricals (BHEL) — Announcement

BHEL announced on June 3, 2026 that it signed a contract agreement with Dangote Petroleum Refinery & Petrochemicals Free Zone Enterprise in Nigeria for the design, manufacturing, supply, and commissioning of eight gas turbine generator packages for a refinery and polypropylene plant. The international contract, valued at INR 2000-2500 crores, will be executed over 26 months and excludes civil works. This marks BHEL's expansion into African energy infrastructure projects.

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About Bharat Heavy Electricals Limited (BHEL)

Capital Goods · Electrical Equipment · Listed on NSE

Market Cap: ₹1,38,690.58 Cr P/E: 267.3

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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