Adani Group to collaborate with Ballard Power Systems for fuel cell manufacturing in India

1 Mar 2022 , 01:33 AM

The Adani Group announced today it has signed a non-binding Memorandum of Understanding MoU with Ballard Power Systems to evaluate a joint investment case for the commercialization of hydrogen fuel cells in various mobility and industrial applications in India Under the MoU both parties will examine various options to cooperate including potential collaboration for fuel cell manufacturing in India Efforts under this MoU will be anchored by Adani New Industries ANIL the newly formed subsidiary of Adani Enterprises focused on generation of green hydrogen including downstream products green electricity generation manufacture of electrolyzers and wind turbines among others