The phenanthraquinone moiety condensed with heteroarene moieties posses various therapeutic activities. In this article, synthesis of some novel thienophenanthraquinones (eg. Phenanthro[4,3‐b]thiophene‐4,5‐dione / phenanthro[3,4‐b]‐thiophene‐4,5‐dione derivatives) is reported using a novel pathway developed by us. 3,4‐Dihydro‐1‐(2‐thienyl)naphthalene‐2‐carbaldehyde derivatives 3 a‐c were aromatized with DDQ to respective 1‐(2‐thienyl)naphthalene‐2‐carbaldehyde derivatives 4 a‐c. Conversion of the CHO functionality to CH2CO2H functionality was achieved in 4 steps to afford 2‐[1‐(2‐thienyl)naphthalene‐2‐yl]acetic acid derivatives 7 a‐c. Intramolecular Friedal‐Crafts acylation of these acids followed by Fremy's salt oxidation of the resulting phenanthro[4,3‐b]thiophene‐4‐ol derivatives 8 a‐c furnished the title compounds 9 a‐c in overall 7 steps. Following a similar route another novel thienophenanthraquinone [10‐methoxyphenanthro[3,4‐b]thiophene‐4,5‐dione 18] has also been synthesized. This synthetic route is very simple with fewer steps and is of good to excellent yields in most of the steps involved.