MoU5 Sept 2025, 04:41 pm
BHEL Signs 10-Year Exclusive MoU with Horizon Fuel Cell Technologies Pte Ltd for Hydrogen Fuel Cell Based Rolling Stock in Domestic Market
AI Summary
Bharat Heavy Electricals Limited (BHEL) has entered into a long-term exclusive Memorandum of Understanding (MoU) with Horizon Fuel Cell Technologies Pte Ltd, Singapore. The MoU is focused on the hydrogen fuel cell based rolling stock for the domestic market. BHEL has been granted exclusivity for 10 years. This collaboration aims to create and enter a new market segment.
Key Highlights
- BHEL signs a 10-year exclusive MoU with Horizon Fuel Cell Technologies Pte Ltd
- MoU focuses on hydrogen fuel cell based rolling stock for domestic market
- BHEL granted exclusivity for 10 years
- Collaboration aims to create and enter a new market segment