BHEL Signs Strategic Tie-Up with Norway's Hystar AS for PEM Electrolyser Manufacturing in India
Bharat Heavy Electricals Limited (BHEL) has entered into a strategic tie-up with Norway-based Hystar AS to enable phased indigenisation and local manufacturing of Proton Exchange Membrane (PEM) electrolyser systems for green hydrogen projects in India. The agreement was disclosed in a filing with stock exchanges on August 13, 2026.
The agreement was signed by Y Srinivas Rao, Executive Director of the Heavy Power Equipment Plant at BHEL Hyderabad, and Sutripto De, General Manager and Head of the New and Renewable Energy Business, on behalf of BHEL, and Fredrik Mowill, CEO of Hystar, in the presence of Arvinn Eikeland Gadgil, Chargé d'Affaires at the Royal Norwegian Embassy in New Delhi.
PEM electrolysers use electricity to split water into hydrogen and oxygen through a proton exchange membrane, and are a critical technology in green hydrogen production. The collaboration is expected to strengthen BHEL's project execution capabilities for green hydrogen projects in India and support domestic manufacturing capabilities for PEM electrolysers, in line with the government's Make in India initiative.
The tie-up complements a separate strategic agreement BHEL entered into with thyssenkrupp nucera India Private Limited in July 2026 for alkaline electrolyser systems. Together, the two agreements position BHEL 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.
BHEL is one of India's leading engineering and manufacturing companies, with a presence across sectors including power, transmission, renewables, oil and gas, transportation, defence and aerospace.