$BHEL

**Strategic Partnership & Regulatory Relief** ** $BHEL :** Signed a **Strategic Collaboration Agreement (SCA)** with **Hystar AS, Norway** for **PEM electrolyser systems** for green hydrogen projects. **Impact:** **Positive;** strengthens BHEL's green hydrogen capabilities and positions the company for opportunities in the emerging electrolyser market. ** !Atlanta Electricals :** The **debarment order** issued by South Bihar Power Distribution Company has been **withdrawn** following the company's appeal and submissions. The company stated that **no systemic quality issues** were identified. **Impact:** **Positive;** withdrawal of the debarment removes a regulatory overhang and supports normal business operations.