BHEL signs collaboration agreement with Thysserkrup Nucera India Pvt Ltd

Bharat Heavy Electricals Limited (BHEL) has signed Strategic Collaboration Agreement (SCA) with M/s thyssenkrup nucera India Private Limited for Alkaline Electrolyser System for Green Hydrogen projects.

This Strategic tie-Up shall enable phased indigenization and local manufacturing of Alkaline electrolyser systems for green hydrogen projects in India. The collaboration will further strengthen BHEL's project execution capabilities for green hydrogen projects in India.

This will also enhance BHEL's contribution to National Green Hydrogen Mission and support the Government of India's Make in India initiative.

Shares of Bharat Heavy Electricals Limited was last trading in BSE at Rs. 376.30 as compared to the previous close of Rs. 387.45. The total number of shares traded during the day was 528267 in over 7565 trades.

The stock hit an intraday high of Rs. 389.90 and intraday low of 375.00. The net turnover during the day was Rs. 199949382.00.

Source : Equity Bulls

Keywords

BharatHeavyElectricals INE257A01026 BHEL HeavyElectricalEquipment StrategicCollaborationAgreement thyssenkrupnucera