on Thyssenkrupp Nucera AG & Co. KGaA (isin : DE000NCA0001)
Thyssenkrupp Nucera Partners with BHEL to Boost Green Hydrogen in India
Thyssenkrupp Nucera has entered a strategic agreement with Bharat Heavy Electricals Limited (BHEL) to localize alkaline water electrolyzer production for green hydrogen projects in India. This collaboration unites BHEL’s engineering and manufacturing strengths with Thyssenkrupp’s expertise in electrolysis technology. The agreement aligns with Thyssenkrupp's ambition to solidify its presence in India's burgeoning green hydrogen market.
The partnership emphasizes the creation of local manufacturing capabilities and aims to optimize participation in tender processes for green hydrogen projects. Kiran Joseph, CEO of Thyssenkrupp Nucera India, highlights India's significance as a growth market, signaling the company's long-term commitment to supporting the green hydrogen market's development in the country.
BHEL, a prominent Indian engineering firm, brings its extensive experience in various sectors to the table, providing a robust foundation for this endeavor. With previous initiatives and collaborations, Thyssenkrupp Nucera is positioning itself as a leading player in India's green hydrogen sector.
R. H.
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