Joint Ventures9 April 2026 at 07:41 am
BHEL Signs Technology Collaboration Agreement with E2S Company Limited for Excitation System of Synchronous Machines
AI Summary
Bharat Heavy Electricals Ltd (BHEL) has signed a Technology Collaboration Agreement (TCA) with E2S Company Limited, Republic of Korea, for the excitation system of synchronous machines. This TCA will enable BHEL to design, engineer, manufacture, install, commission, service, test, retrofit, and sell both static and brushless excitation systems in India and overseas territories. This collaboration is expected to strengthen BHEL's capabilities in the excitation system business for synchronous machines and contribute to the Government's 'Make in India' initiative.
Key Highlights
- BHEL has signed a Technology Collaboration Agreement with E2S Company Limited, Republic of Korea, for the excitation system of synchronous machines.
- This TCA will enable BHEL to design, engineer, manufacture, install, commission, service, test, retrofit, and sell both static and brushless excitation systems in India and overseas territories.
- This collaboration is expected to strengthen BHEL's capabilities in the excitation system business for synchronous machines.
- The TCA is expected to contribute to the Government's 'Make in India' initiative.
- The TCA is a confidential agreement, and the consideration paid/received is not disclosed.