BHEL and BARC collaborate for Indigenous Alkaline Electrolyser Technology
Key Ideas
- BHEL and BARC have entered into a Technology Transfer Agreement for a 50 kW alkaline electrolyser system for Hydrogen production.
- The collaboration aims to scale up Indigenous Alkaline Electrolyser Technology for various sectors such as refineries, fertiliser, steel, and transportation.
- This initiative aligns with BHEL's contribution to the 'National Green Hydrogen Mission' and 'Aatma Nirbhar Bharat Abhiyan'.
- BHEL's fiscal fourth quarter profit was reported at Rs 489.62 crore, with revenue from operations marginally above the previous fiscal year.
Bharat Heavy Electricals Limited (BHEL) has partnered with Bhabha Atomic Research Centre (BARC) to enhance Indigenous Alkaline Electrolyser Technology for commercial applications in sectors like refineries, fertiliser, steel, and transportation. The collaboration involves a Technology Transfer Agreement for a 50 kW alkaline electrolyser system designed for Hydrogen production. This technology, developed by BARC, emphasizes high local material content, showcasing an indigenous approach. The agreement was formalized with the presence of key personnel from BHEL and BARC. By scaling up this technology, BHEL aims to contribute to the 'National Green Hydrogen Mission' and 'Aatma Nirbhar Bharat Abhiyan'. In addition to this collaboration, BHEL recently posted its fiscal fourth quarter results, reporting a profit of Rs 489.62 crore, which experienced a slight decrease compared to the previous year. However, the company's revenue from operations remained steady, indicating a resilient performance. This strategic partnership signifies a significant step towards promoting green energy solutions and indigenous technological advancements in the energy sector.