BHEL Collaborates with BARC for Indigenous Hydrogen Production Technology
Key Ideas
- BHEL signed an agreement with BARC for a 50 kW alkaline electrolyser system to produce hydrogen, aiming to scale up Indigenous Alkaline Electrolyser Technology for various sectors.
- The collaboration supports India's transition towards cleaner energy sources and contributes to the 'National Green Hydrogen Mission' and 'Aatma Nirbhar Bharat Abhiyan'.
- BHEL's remarkable achievement in commissioning three critical substations under the Neemuch REZ TBCB project ahead of schedule was honored by POWERGRID, showcasing their commitment to renewable energy.
- BHEL's shares have surged over 89% in the last 6 months, aligning with the recent rally in the stock market, reaching Rs 294 during Tuesday's trading session.
Bharat Heavy Electricals Limited (BHEL) has entered into a Technology Transfer Agreement (TTA) with the Bhabha Atomic Research Centre (BARC) for a 50 kW alkaline electrolyser system to produce hydrogen. This technology, developed indigenously by BHEL, emphasizes high local material content. The collaboration with BARC aims to scale up Indigenous Alkaline Electrolyser Technology for various sectors such as refineries, fertilizers, steel, and transportation. This initiative aligns with BHEL's commitment to the 'National Green Hydrogen Mission' and 'Aatma Nirbhar Bharat Abhiyan', contributing to sustainable hydrogen production methods and India's shift towards cleaner energy sources. The signing ceremony included key officials from BHEL and BARC, highlighting the significance of this step in advancing hydrogen technology and promoting a greener future for the country. Additionally, BHEL was recognized by POWERGRID for commissioning three substations under the Neemuch REZ TBCB project ahead of schedule, demonstrating their dedication to renewable energy. The company's shares have also shown significant growth, surging by over 89% in the last 6 months, reflecting the positive market sentiment towards BHEL's initiatives and collaborations in the sustainable energy sector.
Topics
Production
Green Energy
Sustainable Energy
Collaboration
National Mission
Technology Transfer
Stock Market Rally
Substation Commissioning
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