BHEL enters strategic tie-up with Hystar AS

The agreement was signed by Y. Srinivas Rao, Executive Director Heavy Power Equipment Plant, Hyderabad, and Sutripto De, General Manager & Head, New & Renewable Energy Business, on behalf of BHEL, and by Fredrik Mowill, CEO. Hystar on behalf of Hystar AS Norway, in the presence of Arvinn Eikeland Gadgil, Chargé d’Affaires, Royal Norwegian Embassy in New Delhi, and Bani Varma, Director, Industrial Systems & Products, BHEL, S M Ramanathan, Director, Engineering, Research & Development, BHEL, and other senior officials.

Notably, BHEL has already entered into a strategic tie-up with thyssenkrupp nucera India Private Ltd for alkaline electrolyser systems earlier this year. This collaboration with Hystar for PEM electrolyser systems further strengthens BHEL’s position as one of the few Indian players capable of offering both alkaline and PEM electrolyser solutions to serve the country’s emerging green hydrogen market. Moreover, the collaboration will also strengthen BHEL’s project execution capabilities for green hydrogen projects in India.

BHEL is one of India’s leading engineering and manufacturing companies, with decades of experience across power, transmission, renewables, oil and gas, transportation, defence, and aerospace sectors. The company has played a key role in building India’s industrial infrastructure and is now leveraging its engineering, manufacturing and project execution capabilities to address emerging clean energy areas, including green hydrogen.

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