BHEL enters into agreement with Horizon Fuel Cell Technologies for Hydrogen Fuel Cell Based Rolling Stock
The scope of the agreement is to explore the business activity for hydrogen fuel cell-based rolling stock.
New Delhi, 5 September 2025: State-run Bharat Heavy Electricals Limited (BHEL) has entered into a long-term exclusive MOU with Horizon Fuel Cell Technologies Pte Ltd, Singapore. The signing of the agreement is exclusive for 10 years. The scope of the agreement is to explore the business activity for hydrogen fuel cell-based rolling stock.
Shares of BHEL are trading higher in the recent trading sessions for the last five days, and the boost will be impacted positively by the recent joint agreement with Horizon Fuel Technologies Pvt Ltd. Currently, the shares of BHEL are closed at Rs 212.90, up by 0.86%. The shares were in the green zone in the consecutive sixth trading session.
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