Bharat Heavy Electricals (NSE:BHEL, BOM:500103) has signed an agreement with thyssenkrupp nucera India for alkaline electrolyser systems to support green hydrogen projects, according to a Tuesday stock exchange filing.
Under the agreement, the companies will work on phased localization of alkaline electrolyser module manufacturing in India, jointly participate in project tenders, and support the execution of green hydrogen projects in the country.
Financial details of the deal were not disclosed.