New Delhi [India], Bharat Heavy Electricals Limited (BHEL) has signed an agreement with Bhabha Atomic Research Center for a 50 kW alkaline electrolysis system to produce hydrogen, the company informed the exchange in a filing. "Bharat Heavy Electricals Limited (BHEL) entered into a technology transfer agreement (TTA) with Bhabha Atomic Research Center (BARC) for a 50 kW alkaline electrolyzer system for hydrogen production. The technology for hydrogen production has been developed by BHEL," BHEL said. BHEL has high local content and through this collaboration BARC intends to scale up the indigenous alkaline electrolyzer technology and commercialize it for application in sectors like refinery, fertiliser, steel, transportation etc. The agreement was signed in the presence of Jai Prakash Srivastava, Executive Director (Corporate Technology Management & R&D), BHEL and Dr. Officer Associate Director (Knowledge Management Group), BARC This will be a step forward in BHEL's contribution to the 'National Green Hydrogen Mission'.Self-reliant India Mission By leveraging indigenous technology, BHEL aims to significantly contribute to the development of sustainable hydrogen production methods, supporting India's transition towards clean energy sources. The collaboration between BHEL and BARC represents an important step in promoting advanced hydrogen technology and a green future. Earlier for the country, BHEL was honored by POWERGRID at the CEO Meet 2024 for its remarkable achievement in commissioning three critical substations under the Neemuch RE TBCB project ahead of the contractual schedule, despite facing initial challenges. The aim of the projects was to extract renewable energy generated by RUMS. (Rewa Ultra Mega Solar) Neemuch Renewable Energy Zone (REZ) consists of three substations: 400/220 KV Neemuch (New), 400 KV Chittorgarh Extension, 400 KV Mandsaur Extension.BHEL shares have also been included in this. Other PSUs In the recent rally in the stock market, the company's shares have risen by more than 89 per cent in the last 6 months and stood at Rs 294 in Tuesday's trading session, at the time of filing this report.