Indian Navy and Indian Oil Collaborate to Test Hydrogen Fuel Cell Buses
Key Ideas
  • Indian Oil provided a state-of-the-art hydrogen fuel cell bus to the Indian Navy for trials, promoting heavy-duty e-mobility and technology evaluation.
  • The partnership signifies a significant step in sustainability and environmental stewardship, showcasing commitment to innovation and green technology.
  • The project will assess the performance of fuel cell buses in Delhi-NCR, aiming to evaluate their effectiveness, longevity, and operational reliability for public fleet utilization.
  • Moody's affirmed a stable outlook for Indian Oil Corporation Ltd, recognizing its strong balance sheet and position as India's largest refining and marketing company.
The Indian Navy and Indian Oil Corporation Limited have joined forces to test hydrogen fuel cell buses, with Indian Oil providing a state-of-the-art green hydrogen fuel cell bus to the Indian Navy for trials and performance testing. This initiative aims to promote hydrogen and fuel cell technology for heavy-duty e-mobility, positioning the Indian Navy as a pioneer in evaluating this technology. The collaboration was marked by the signing of a Memorandum of Understanding between the two entities in the presence of high-ranking officials. Both Admiral Dinesh K Tripathi, Chief of Naval Staff, and S M Vaidya, Chairman of Indian Oil, expressed their enthusiasm for the partnership, highlighting the importance of sustainability and environmental stewardship. The project will involve assessing the performance of fuel cell electric buses in the challenging climatic conditions of Delhi NCR, analyzing the impact of local fuel and air quality on the performance of fuel-cell systems and vehicles. Indian Oil, a leading downstream company in India, is already operating 15 fuel cell buses in Delhi-NCR and Gujarat, with each bus expected to cover at least 20,000 km. This collaboration underscores the commitment to innovation and green technology, aiming to deploy environment-friendly transportation solutions on a larger scale. Moody's recent affirmation of a stable outlook for Indian Oil Corporation Ltd further highlights the company's strong position in the market and its focus on sustainability.
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