BEL has signed an MoU with US-based Triton Electric Vehicle (TEV) for manufacturing Hydrogen fuel cells while leveraging TEV's technologies 
Defence Watch

BEL to manufacture Hydrogen fuel cells with technology from TEV

Defence Watch Bureau

Bengaluru: Navratna defence PSU Bharat Electronics Ltd (BEL) has signed an MoU with US-based Triton Electric Vehicle (TEV) for manufacturing Hydrogen fuel cells with technology transfer from the latter to meet the requirements of the Indian market and mutually agreed export markets.

BEL signs MoU for clean energy solutions

The Memorandum of Understanding (MoU) aims at tapping the demand for clean energy solutions for various applications, including e-mobility, by leveraging the Central government's thrust for the adoption of clean energy fuels. The green hydrogen can be used for applications in transport and energy storage, the Bengaluru-headquartered company said in a statement.

TEV has set up its R&D centre and manufacturing facility in India. It has recently forayed into Hydrogen-run vehicles and started the journey of manufacturing Hydrogen-run two-wheelers, three-wheelers and buses, according to the statement.

(With PTI inputs)

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

Equity markets decline in early trade dragged by services, realty stocks, FII outflows

India, Russia to meet $100 billion trade target before 2030: Modi

DRDO hands over 7 indigenous technologies to armed forces, approves 12 new defence projects

NHAI gets SEBI in-principle approval to RIIT as InvIT; gets 6 months for compliances before final nod

DGCA sets up four-member panel to inquire into IndiGo flight disruptions; to submit report in 15 days