BHEL’s Strategic Shift: From Thermal Power Leader to Green Energy & Rail Innovator
BHEL is rapidly transitioning from a traditional thermal power equipment maker to a major player in green energy and railway technology. The PSU is expanding into solar EPC, hydrogen, BESS and rail mobility with a strong growth outlook.
BHEL expands into green energy with solar, hydrogen, and battery storage projects.
NEW DELHI, INDIA (22 November 2025): Bharat Heavy Electricals Limited (BHEL), the country’s leading Maharatna PSU and long-time powerhouse in thermal energy equipment, is undergoing a major strategic transformation. The company is shifting its focus from conventional power generation to rapidly expanding sectors such as green energy and rail transportation, aiming to position itself as a future-ready technology leader.
BHEL is making significant progress in the railway mobility segment. It is strengthening its presence in high-power electric locomotives, metro rail systems and advanced propulsion technology for modern trains. This aggressive expansion supports the Government of India’s ‘Make in India’ initiative and is contributing to a stable and growing revenue model for the company.
In parallel, BHEL is accelerating its push into renewables and clean-fuel technologies. The company is investing in large-scale Solar EPC solutions, enabling full engineering, procurement and construction capabilities for solar power plants. It is also focusing on research and development in green hydrogen and battery energy storage systems (BESS), which are expected to play a crucial role in India’s energy transition and grid stability needs.
Financially, BHEL has strengthened its performance after a challenging period and has returned to profitability. A healthy and diversified order book provides strong revenue visibility for the coming years, supporting continued momentum under its current leadership team.
With these bold steps, BHEL is demonstrating its ambition to evolve from a traditional thermal plant manufacturer into a major player in renewable energy, hydrogen technology and future-mobility systems. As India moves towards sustainability and transportation modernisation, BHEL is positioning itself to play a central role in shaping the nation’s industrial future.