thyssenkrupp nucera AG & Co. KGaA
ISIN: DE000NCA0001
WKN: NCA000
07 July 2026 11:25AM

thyssenkrupp nucera and Bharat Heavy Electricals Limited Sign Strategic Collaboration to Advance Green Hydrogen Electrolysis in India

thyssenkrupp nucera AG & Co. KGaA · ISIN: DE000NCA0001 · EQS - Company News
Country: Germany · Primary market: Germany · EQS NID: 2361702


EQS-Media / 07.07.2026 / 11:25 CET/CEST

thyssenkrupp nucera and Bharat Heavy Electricals Limited Sign Strategic Collaboration to Advance Green Hydrogen Electrolysis in India

  • Strategic collaboration with Bharat Heavy Electricals Limited (BHEL) for phased localization of alkaline water electrolyzer module fabrication in India
  • Collaboration combines BHEL’s engineering, manufacturing, and project execution capabilities with thyssenkrupp nucera’s proven electrolysis technology to jointly participate in tendering processes for green hydrogen projects in India
  • Partnership reinforces thyssenkrupp nucera’s long‑term ambitions in India’s rapidly growing green hydrogen market

Mumbai / Dortmund, July 07, 2026 – thyssenkrupp nucera and Bharat Heavy Electricals Limited (BHEL) have signed a Strategic Collaboration Agreement for alkaline water electrolyzer manufacturing for green hydrogen projects in India. The partnership marks another decisive step in thyssenkrupp nucera’s strategy to strengthen its position in one of the world’s most important future green hydrogen markets. The agreement was signed at BHEL’s Corporate Office, New Delhi, India.

Under the agreement, thyssenkrupp nucera and BHEL will work together on the phased localization of alkaline electrolyzer module fabrication in India. The collaboration focuses on establishing local manufacturing capabilities, joint participating in tendering processes, and supporting green hydrogen project implementation in the Indian market.

“India is one of the most important growth markets for thyssenkrupp nucera,” says Kiran Joseph, CEO of thyssenkrupp nucera India. “Scaling green hydrogen in India requires solutions that are reliable, scalable, and aligned with the country’s industrial ambitions. This collaboration with BHEL underlines our commitment to support the build‑up of a robust green hydrogen market in India over the long term.”

BHEL is one of India’s leading state‑owned engineering and manufacturing companies. With decades of experience across power generation, transmission, renewables, oil and gas, transportation, aerospace, and defense, the company has played a central role in building India’s industrial infrastructure. Its engineering prowess, extensive manufacturing network and centers of excellence across the country provide a strong foundation for this strategic collaboration.

For thyssenkrupp nucera, the collaboration further anchors the company’s technology and business interests in India. Building on its strong global track record and proven electrolysis technology, the company is well positioned to support the reliable deployment of green hydrogen projects across the country.

The collaboration with BHEL builds on a series of recent initiatives that underline thyssenkrupp nucera’s commitment to building the green hydrogen ecosystem in India. Earlier this year, the company launched a cooperation with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) to support the development of green hydrogen and Power‑to‑X markets in India.  Shortly thereafter, thyssenkrupp nucera was awarded a FEED study for a 260‑megawatt green hydrogen project by Indian developer Juno Joule. Together, these steps reflect thyssenkrupp nucera’s clear ambition to play a leading role in shaping India’s emerging green hydrogen economy.

 

Photo:

The attached photo is free to use.

Caption: thyssenkrupp nucera and BHEL sign their Strategic Collaboration Agreement at BHEL's headquarters in New Delhi, India.

Copyright: BHEL
 

Media inquiries:  

Dr. Marcel Kleifeld
Senior External Communications Manager 
Phone: +49 231 22972 4361
Email: marcel.kleifeld@thyssenkrupp-nucera.com 
  

Investor inquiries:

Dr. Hendrik Finger 
Head of Investor Relations
Phone: +49 231 229 724 347
Email: hendrik.finger@thyssenkrupp-nucera.com

 

About thyssenkrupp nucera:  

thyssenkrupp nucera offers world-leading technologies for high-efficiency electrolysis plants. The company has extensive in-depth knowledge in the engineering, procurement, and construction of electrochemical plants and a strong track record of more than 600 projects with a total rating of over 10 gigawatts already successfully installed. With its water electrolysis technology to produce green hydrogen, the company offers an innovative solution on an industrial scale for green value chains and an industry fueled by clean energy – a major step towards a climate-neutrality. thyssenkrupp nucera successfully made an IPO in July 2023. The shares are traded on the Frankfurt Stock Exchange. 

www.thyssenkrupp-nucera.com



End of Media Release

Additional features:

File: Photo_thyssenkrupp nucera_strategic collaboration BHEL


Issuer: thyssenkrupp nucera AG & Co. KGaA
Key word(s): Enterprise

07.07.2026 CET/CEST Dissemination of a Press Release, transmitted by EQS News - a service of EQS Group.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
View original content: EQS News


Language: English
Company: thyssenkrupp nucera AG & Co. KGaA
Freie-Vogel-Str. 385 a
44269 Dortmund
Germany
Phone: +49 231-22972-7100
E-mail: info@thyssenkrupp-nucera.com
Internet: www.thyssenkrupp-nucera.com
ISIN: DE000NCA0001
WKN: NCA000
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate BSX
EQS News ID: 2361702

 
End of News EQS Media

2361702  07.07.2026 CET/CEST

Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.

The most important financial data at a glance
  2020 2021 2022 2023 2024 2025 2026e
Sales1 254,25 319,50 383,19 652,80 862,00 845,20 500,00
EBITDA1,2 30,04 30,05 12,22 28,70 -8,00 15,80 -35,00
EBITDA-Margin3 11,82 9,41 3,19 4,40 -0,93 1,87 -7,00
EBIT1,4 26,75 26,90 8,82 23,80 -14,00 2,50 -50,00
EBIT-Margin5 10,52 8,42 2,30 3,65 -1,62 0,30 -10,00
Net Profit (Loss)1 21,67 21,29 6,04 22,50 11,00 4,60 -23,00
Net-Margin6 8,52 6,66 1,58 3,45 1,28 0,54 -4,60
Cashflow1,7 4,28 36,60 87,11 -14,20 -62,00 50,10 15,00
Earnings per share8 0,17 0,17 0,06 0,23 0,09 0,04 -0,18
Dividend per share8 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de and Company information
Explanation

1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de

Auditor: KPMG

All relevant valuation ratios, dates and other investor information on your share at a glance. Good to know: All data comes from boersengefluester.de and is updated daily. This means you are always up to date. You can get brief explanations of the key figures by moving the cursor or mouse over the relevant field.

INVESTOR-INFORMATION
©boersengefluester.de
ThyssenKrupp Nucera
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
NCA000 DE000NCA0001 AG & Co. KGaA 963,78 Mio € 07.07.2023 9F39GG4H+FR
* * *
PE 2027e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
84,78 0,00 0,00 60,08 1,28 19,24 1,14
Dividends
Dividend '2023
in €
Dividend '2024
in €
Dividend '2025e
in €
Div.-Yield '2025e
in %
0,00 0,00 0,00 0,00%
Financial calendar
Annual General Meeting Q1-figures Q2-figures Q3-figures Annual press conference
25.02.2026 11.02.2026 12.05.2026 12.08.2026 16.12.2026
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
+1,19%
7,63 €
ATH 25,28 €
-3,12% -9,62% -14,08% -21,06% -61,85%

Advertising is an important revenue channel for us. But we understand, that sometimes it becomes annoying. If you want to reduce the number of shown ADs just simply login to your useraccount and manage the settings from there. As registered user you get even more benefits.
          Qualitätsjournalismus · Made in Germany © 2026          
The news manufactory

Good luck with all your investments

Founded in 2013 by Gereon Kruse, the financial portal boersengefluester.de is all about German shares - with a clear focus on second-line stocks. In addition to traditional editorial articles, the site stands out in particular thanks to a large number of self-developed analysis tools. All tools are based on a completely self-maintained database for more than 650 shares. As a result, boersengefluester.de produces Germany's largest profit and dividend forecast.

Contact

Idea & concept: 3R Technologies   
boersengefluester.de GmbH Copyright © 2026 by Gereon Kruse #BGFL