Bharat Heavy Electricals Limited (BHEL) has attracted attention following its recent collaboration with the Bhabha Atomic Research Centre (BARC) to advance green hydrogen technology. The Technology Transfer Agreement between the two entities aims to leverage BARC's Mixed-Matrix Membrane Diaphragm Technology to enhance the efficiency and cost-effectiveness of electrolysers used in green hydrogen production. This move is a significant step towards reducing India's dependence on imported materials for green hydrogen production. The agreement underscores BHEL's commitment to supporting the National Green Hydrogen Mission and the Make in India initiative by promoting local manufacturing of alkaline electrolysers. The introduction of BARC's innovative technology is poised to make green hydrogen more accessible for industries looking to transition to cleaner energy sources. Green hydrogen, produced through electrolysis powered by renewable electricity, is increasingly being recognized as a sustainable alternative for high-emission sectors like steel and transportation. By enabling the local manufacturing of electrolysers, BHEL's partnership with BARC is expected to accelerate the adoption of green hydrogen in India's industrial landscape. In the stock market realm, BHEL shares are experiencing mixed sentiments. While the company's collaboration with BARC has generated positive outlooks for its future in the clean energy sector, analysts have issued a 'Hold' recommendation for the stock, with an average target price indicating a slight downside. Despite this, BHEL's technical indicators show a bullish trend, with the stock trading above various moving averages. Overall, BHEL's strategic move to incorporate indigenous technology for green hydrogen production signifies a significant step towards sustainable energy practices in India, contributing to the country's broader environmental and economic objectives.