BHEL’s big flight! Global order worth up to Rs 2,500 crore received from Nigeria’s Dangote Group

Government engineering and power equipment company BHEL (Bharat Heavy Electricals Limited) has received a big international order from Nigeria. The company has signed an important contract with Dangote Petroleum Refinery and Petrochemicals Free Zone Enterprise. The value of this order is between Rs 2,000 crore and Rs 2,500 crore. This deal is being considered a sign of BHEL’s growing strong position in the global market. The company will have to complete this project within 26 months.

According to BHEL, under this project the company will design, manufacture, supply, installation monitoring, commissioning and performance guarantee testing of eight gas turbine generator packages. However, this contract does not include civil construction work. The equipment will be supplied to Mumbai Port, after which it will be installed at the project site in Nigeria.

Dangote Refinery project will benefit

This equipment will be installed in the petroleum refinery and polypropylene plant being developed in Dangote Industries Free Zone of Nigeria. This project is counted among the largest industrial investments in Africa. BHEL’s participation will provide the company an opportunity to showcase its expertise in international energy and industrial projects.

Great performance in March quarter

Along with receiving orders, the financial results of the company have also been strong. BHEL’s EBITDA increased to Rs 1,754 crore in the March 2026 quarter, from Rs 832 crore in the same period last year. During this period, the company’s EBITDA margin increased from 9.2 percent to 14.2 percent. The company’s revenue increased by 37 percent to Rs 12,310 crore.

BHEL’s net profit increased from Rs 504 crore to Rs 1,283 crore in the March quarter. The company’s power business played an important role in this growth. Power segment revenue increased by 53 percent to Rs 9,509 crore, while the margin of this business increased from 5 percent to 20 percent. However, the margin of the industry segment declined to 24 percent.

stock performance

BHEL shares closed at Rs 406.10 with a decline of 1.18 percent on Wednesday. However, in the long run the company has given excellent returns to investors. The stock has risen 45.40 percent in the last six months and 60.11 percent in one year. The company’s future growth prospects appear to be further strengthened by new international orders and strong financial performance.

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