GRSE to develop Green Electric Tugs; signs agreement

The E-VOLT 50 aims to reduce carbon emissions, improve operational efficiency, and set new benchmarks for performance and environmental sustainability in the tugboat industry
GRSE to develop Green Electric Tugs; signs agreement
GRSE to develop Green Electric Tugs; signs agreement

New Delhi: Garden Reach Shipbuilders and Engineers (GRSE) Limited on Wednesday said that it has signed a memorandum of understanding (MoU) with Shift Clean Energy (Shift), Seatech Solutions International (Seatech) and the American Bureau of Shipping (ABS) on Wednesday to develop Electric Tugs E-VOLT 50. The E-VOLT 50 aims to reduce carbon emissions, improve operational efficiency, and set new benchmarks for performance and environmental sustainability in the tugboat industry.

Public Sector's voice PSU Watch is now on Whatsapp Channels. Click here to join

"GRSE which has established itself as a leading defence shipyard in the country, will build the platform based on the design by Seatech with Shift providing the energy storage and ABS would ensure that the construction and design adhere to all applicable regulatory standards, certifying safety, reliability, and compliance," the Shipyard said in an official statement.

Highlighting the importance of the MoU, GRSE's Chairman and Managing Director (CMD) Cmde PR Hari, IN (Retd) said, “We are excited to be part of this groundbreaking collaboration that combines the expertise of GRSE and three industry-leading organisations. “E-VOLT 50” is a bold step towards a cleaner and greener future for the maritime sector. By utilizing sustainable energy solutions and cutting-edge technology, we aim to redefine the standards of performance, efficiency, and environmental stewardship.”

GRSE to develop Green Electric Tugs; signs agreement
GRSE earns Rs 1,654 crore revenue from operations in 1st half of FY 2023-24

GRSE has already made progress towards the building of green vessels. At the moment, the shipyard is building a zero-emission electric ferry for the Government of West Bengal that will have a capacity of 150 passengers. Once commissioned, this ferry promises to redefine passenger services along the Hooghly and other major rivers.

(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