BEL to manufacture Hydrogen fuel cells with technology from TEV

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

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.)

logo
PSU Watch
psuwatch.com