BHEL Signs ₹2,000–2,500 Crore Contract with Nigeria's Dangote Refinery for Gas Turbine Packages

1 min read     Updated on 04 Jun 2026, 05:35 AM
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Bharat Heavy Electricals Limited has secured an international order worth ₹2,000–2,500 crore from Dangote Petroleum Refinery & Petrochemicals Free Zone Enterprise, Nigeria, for the design, manufacturing, supply, and supervision of erection and commissioning of 8 gas turbine generator packages. The contract, signed on June 2, 2026, covers the petroleum refinery and polypropylene plant in the Dangote Industries Free Zone, with a 26-month completion schedule and no related party transactions involved.

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Bharat Heavy Electricals Limited has secured a significant international order worth ₹2,000–2,500 crore from Dangote Petroleum Refinery & Petrochemicals Free Zone Enterprise, Nigeria. The contract, signed on June 2, 2026, involves the design, manufacturing, supply, and supervision of erection and commissioning for 8 gas turbine generator packages. This order is intended for the petroleum refinery and polypropylene plant located in the Dangote Industries Free Zone, Nigeria.

The agreement was finalized through an international tender process. The scope of work excludes civil works but includes supply up to Mumbai Port and performance guarantee tests. The project is scheduled for completion within 26 months from the effective date of the contract.

Contract Details

The filing to the exchanges outlined the specific terms of the agreement, confirming that there are no related party transactions involved. The promoter, promoter group, or group companies hold no interest in the entity awarding the order.

Parameter: Details
Client: Dangote Petroleum Refinery & Petrochemicals Free Zone Enterprise, Nigeria
Nature of Order: Design, manufacture, supply, supervision of erection & commissioning
Order Value: ₹2,000–2,500 crore
Execution Period: 26 months
Tender Type: International

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-0.58%-8.38%+2.63%+40.33%+52.49%+423.61%

How will this international order impact BHEL's revenue growth and profit margins over the next two fiscal years?

Does this contract signal a strategic shift for BHEL towards expanding its footprint in the African energy market?

What are the potential risks associated with executing a project of this magnitude in Nigeria, given the 26-month timeline?

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BHEL Independent Director Ramesh Mawaskar completes tenure

0 min read     Updated on 03 Jun 2026, 05:19 AM
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Shri Ramesh Patlya Mawaskar has ceased to be a Part-time Non-Official Independent Director on the Board of Bharat Heavy Electricals Limited upon completion of his tenure on June 1, 2026. The change was communicated to stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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Shri Ramesh Patlya Mawaskar has ceased to be a Part-time Non-Official Independent Director on the Board of Bharat Heavy Electricals Limited upon completion of his tenure on June 1, 2026. The change in the board composition was communicated to the stock exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The filing confirmed that the director's association with the company concluded on the specified date. No additional details regarding the succession plan or the appointment of a new director were provided in the regulatory disclosure.

Historical Stock Returns for Bharat Heavy Electricals

1 Day5 Days1 Month6 Months1 Year5 Years
-0.58%-8.38%+2.63%+40.33%+52.49%+423.61%

Who will be appointed to replace Shri Ramesh Patlya Mawaskar as the new Independent Director?

How will this change in board composition impact BHEL's strategic decisions in the near term?

What criteria will BHEL use to select the successor, and will there be any shift in expertise focus?

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