Strength and permeability properties along with microstructural evolution of hardened slurries composed of fly ash from fluidal bed combustion of brown coal and an addition of OPC/BFSC is assessed in this paper. An increase in the amount of fly ash in slurries influences the development of mechanical strength and a decrease of hydraulic conductivity. SEM, XRD, and porosity analyses confirmed formation of watertight microstructures. The structure of slurries is composed of ettringite, C-S-H phase, AFt, and AFm phases. Ettringite crystallises as relatively short needles forming compact clusters or intermixed with the C-S-H phase. The occurring C-S-H phases are mainly of type I – fibrous and type II – honeycomb