Bharat Heavy Electricals Limited has informed the Exchange about Agreements
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BHEL has signed a License Agreement for Transfer of Technology (LAToT) with Defence Metallurgical Research Laboratory (DMRL), Hyderabad, which is part of DRDO. The agreement covers the manufacturing of Fused Silica Radar Domes using the Cold Isostatic Pressing and Sintering Route. These radar domes are critical components for seeker-based guidance in India's missile programmes. The technology will help BHEL indigenously manufacture these defence components, strengthening India's self-reliance in strategic defence systems. Financial terms of the agreement have been kept confidential.
This is a positive development for BHEL as it expands the company's footprint in India's defence manufacturing sector and aligns with the government's 'Atmanirbhar Bharat' push. The deal could lead to new revenue streams from defence orders, though immediate financial impact is unclear due to confidential terms.