ReferIndia News BHEL Board Approves ₹3064.46 Crore BCGCL Investment and Strategic Partnerships

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BHEL Board Approves ₹3064.46 Crore BCGCL Investment and Strategic Partnerships

Published on: March 19, 2026, 3:28 p.m. | Source: scanx.trade

Bharat Heavy Electricals Limited announced major strategic decisions from its March 19, 2026 board meeting, including a joint venture with Titagarh Rail Systems for Vande Bharat sleeper train maintenance pending DIPAM approval, a ₹3064.46 crore equity investment in BCGCL spread over four years for coal-to-chemicals business, and organizational restructuring through plant mergers at Haridwar and Hyderabad facilities effective April 1, 2026.

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