Arrangements for strategic, technical, manufacturing, or marketing tie up
Strategic collaboration agreement signed with Hystar AS, Norway for PEM Electrolyser Systems targeting green hydrogen projects in India. This partnership aims to enable phased indigenization and local manufacturing of PEM electrolyser systems. It complements BHEL's July 2026 tie-up with thyssenkrupp nucera India for alkaline electrolyser systems, strengthening BHEL's position offering both technologies. The collaboration enhances project execution capabilities and supports the National Green Hydrogen Mission and Make in India initiative.
Source: Original filing PDF
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