BHEL and BARC Partner to Boost India's Green Hydrogen Ambitions
Key Ideas
  • BHEL and BARC have signed a Technology Transfer Agreement for diaphragm technology to enhance India's green hydrogen capabilities.
  • The agreement aims to lower costs, reduce import dependence, and promote 'Make in India' initiatives in the clean energy sector.
  • This collaboration strengthens BHEL's position in India's green energy transition and supports the wider adoption of green hydrogen production for various industries.
  • Shares of Bharat Heavy Electricals closed higher post the announcement, indicating positive market response to the partnership.
Bharat Heavy Electricals Limited (BHEL) has recently announced a significant partnership with the Bhabha Atomic Research Centre (BARC) to advance India's green hydrogen goals. The Technology Transfer Agreement focuses on utilizing BARC's Mixed-Matrix Membrane Diaphragm Technology to improve electrolyser systems for hydrogen production. The adoption of this indigenous technology is expected to reduce costs by replacing imported materials currently used in such systems. This move aligns with India's 'National Green Hydrogen Mission' and 'Make in India' initiatives, aiming to enhance domestic production capabilities and decrease reliance on imports. While the financial terms remain undisclosed, the collaboration signifies a crucial step towards promoting clean energy and supporting the shift towards green hydrogen, crucial for sectors like steel, fertilisers, and transportation. The positive market response, with BHEL's shares closing higher post the announcement, reflects the industry's optimism towards this strategic partnership in driving sustainable energy solutions.
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