BHEL partners with BARC for Indigenous Alkaline Electrolyser Systems
Key Ideas
- BHEL signed a Technology Transfer Agreement with BARC to develop alkaline electrolyser systems using Mixed-Matrix Membrane Diaphragm Technology.
- The new diaphragm technology is an import substitute for Zirfon and contributes to the 'National Green Hydrogen Mission' and 'Make in India' initiative.
- BHEL's shares rose by 1.83% post the announcement, showing a positive market response to the partnership.
- BHEL, a major engineering and manufacturing firm in India, aims to leverage this technology for sustainable hydrogen production.
Bharat Heavy Electricals Ltd (BHEL) has partnered with Bhabha Atomic Research Centre (BARC) to achieve complete indigenous development of alkaline electrolyser systems for hydrogen production. The Technology Transfer Agreement (TTA) includes adopting the Mixed-Matrix Membrane Diaphragm Technology developed by BARC, which replaces asbestos diaphragm material, offering a low-cost import substitute for Zirfon in water electrolysers. This collaboration aligns with BHEL's commitment to the 'National Green Hydrogen Mission' and supports the 'Make in India' initiative. The stock market responded positively to this news, with BHEL shares closing 1.83% higher. BHEL, a leading engineering and manufacturing company in India, plans to utilize this technology to contribute to sustainable hydrogen production and strengthen its position in the market. The partnership between BHEL and BARC signifies a significant step towards indigenous development and innovation in the field of hydrogen technology.
Topics
India
Stock Market
Manufacturing
Engineering
National Green Hydrogen Mission
Technology Transfer
Indigenous Development
Make In India
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