Bharat Heavy Electricals Limited (BHEL) has announced the closure of its new plant scheme at Karkhiyaon, Varanasi. The Board of Directors approved the decision on January 19, 2026, citing current business landscape considerations. Products originally planned for the Varanasi location will now be manufactured at other BHEL facilities. The board meeting to finalize this decision commenced at 10:50 am and concluded at 11:28 am.
Varanasi Plant Scheme Update
The Board of Directors of Bharat Heavy Electricals Limited (BHEL) has approved the closure of the proposed new plant scheme at Karkhiyaon, Varanasi. The decision was made during a meeting held on January 19, 2026.
Reasons for Closure
The closure decision was based on a review of the current business landscape. The announcement clarifies that despite the closure of the specific Varanasi location project, BHEL remains committed to manufacturing the originally planned products. These products will now be produced at alternative BHEL locations.
Meeting Details
The Board of Director’s meeting regarding this matter commenced at 10:50 am and concluded at 11:28 am on January 19, 2026. This decision reflects a strategic adjustment to BHEL’s manufacturing plans in response to evolving business conditions.
Source: BSE
