Bharat Heavy Electricals Limited — Important, 16-04-2025: Arrangements for strategic, technical, manufacturing, or marketing tie up

Bharat Heavy Electricals Limited (BHEL) has signed a Technology Transfer Agreement with Bhabha Atomic Research Centre (BARC) for the development of Mixed-Matrix Membrane Diaphragm technology specifically designed for separator applications in electrochemical cells. This collaboration aims to enhance the indigenous production of alkaline electrolyser systems and replace the use of asbestos diaphragm materials, reducing reliance on imported substitutes like Zirfon. The anticipated benefits align with BHEL’s commitment to the National Green Hydrogen Mission and the Make in India initiative, positioning the company favorably in the green technology landscape. Investors should watch closely for the potential market advantages and growth opportunities stemming from this strategic tie-up.