BHEL signs MoU with ONGC for exploration of RE business 
News Updates

BHEL signs MoU with ONGC for exploration of RE business

BHEL and ONGC have signed an MoU for exploring joint projects and collaboration in the area of New and Renewable Energy business

PSU Watch Bureau

New Delhi: Bharat Heavy Electricals Limited (BHEL) and Oil & Natural Gas Corporation Limited (ONGC) have signed an MoU for exploring joint projects and collaboration in the area of New and Renewable Energy business, including Fuel Cell, Electrolyser and Battery Energy Storage System based Projects.

PSU Watch is now on Whatsapp Channels. Click here to join

This MoU will help in contributing towards the country’s National Green Hydrogen Mission, as well as leveraging the combined strengths of both organisations for collaborating in emerging areas within the clean energy ecosystem.

The MoU has been signed in the presence of BHEL's Director (Industrial Systems & Products) and Director (Engineering, Research & Development) – Addl. Charge Bani Varma and ONGC's Director (Strategy and Corporate Affairs) Arunangshu Sarkar and other senior officials from both organisations.

This collaboration marks a significant step in aligning with India's renewable energy goals and advancing the adoption of clean energy solutions.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

IGL Q2 profit up 4.5%; ties up with HWT for biofuel, biogas ventures

What is SHANTI Bill that sets stage for India’s nuclear push? And why does opposition smell risk?

Bokaro Steel Plant convenes Head of Projects meet to accelerate expansion

REC incorporates 2 new transmission subsidiaries for intra-state projects in Maharashtra

RBI slaps Rs 62 lakh fine on Kotak Mahindra Bank