HSL and Shift Clean Solutions has signed an MoU to develop an e-Tug ecosystem in India PSU WATCH
Defence Watch

HSL, Shift Clean sign MoU to use Energy Storage Systems in e-Tug

HSL and Shift Clean Solutions have signed an MoU which focuses on integrating Energy Storage Systems (ESS) to offer cost-effective e-Tug solutions

PSU Watch Bureau

New Delhi/Visakhapatnam: Defence PSU Hindustan Shipyard Limited (HSL) has signed a memorandum of understanding (MoU) with Shift Clean Solutions to spearhead sustainable e-tug technology in India. 'This MoU aims to mitigate emissions in the maritime sector and bolster the 'Atmanirbhar Bharat' (self-reliant India) initiative', the defence PSU said in a statement.

HSL, Shift Clean to integrate Energy Storage Systems into e-Tug solutions

The MoU is geared towards seamlessly integrating cost-effective Energy Storage Systems (ESS) into e-Tug solutions. The partnership envisions establishing an e-Tug ecosystem in India, involving the domestic production of composite ESS and indigenous Battery Management Systems (BMS) for marine platforms, boasting capacities up to 8 MW/hr.

Hemant Khatri, Chairman & Managing Director (CMD) of HSL, emphasised that the shipyard's intention is to craft a family of environmentally-friendly tugs, ranging from 40T to 80T bollard pull capacities, to support India's 'Green Tug Transition Programme.'

HSL is a defence shipyard which has collaborated with Shift Clean Solutions, a specialist in lithium energy technology-based Energy Storage Systems (ESS) and Battery Management Systems (BMS), the statement said.

(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.)

DGCA steps up IndiGo scrutiny; airline announces Rs 10,000 compensation for passengers

Joshi drives Toyota Mirai, India’s first hydrogen fuel cell EV, to Parliament

India's corporate bond mkt poise to exceed Rs 100 tn by 2030: NITI Aayog report

World Bank approves $600 mn to promote clean air in Haryana, UP

PFRDA expands investment options for pension fund deployment