The MoU will help in contributing towards the country’s National Green Hydrogen Mission, as well as leveraging the combined strengths of two state-owned organisations for collaborating in emerging areas within the clean energy ecosystem.
Jan 10, 2025
The Bharat Heavy Electricals Limited (BHEL) and the 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.
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.
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The collaboration marks a significant step in aligning with India’s renewable energy goals and advancing the adoption of clean energy solutions.
Established in 1964, BHEL is a global power equipment manufacturer, serving its customers with a comprehensive portfolio of products, systems and services in the areas of power-thermal, hydro, gas, nuclear & solar PV; transmission; transportation; defence & aerospace; oil & gas, and new areas like BESS & EV chargers.
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ONGC is a leading crude oil and natural gas company in India, contributing around 71 percent to the country’s domestic production.