IOCL hands over hydrogen fuel bus to Navy for trials
🚌 Indian Oil Corporation Ltd (IOCL) delivered a cutting-edge green hydrogen fuel cell bus to the Indian Navy, advancing hydrogen and fuel cell technology for heavy-duty electric mobility.
🤝 Memorandum of Understanding signed between IOCL and the Indian Navy at Nau Sena Bhawan, New Delhi, aiming to evaluate green technology.
⚓ Indian Navy Chief Admiral Dinesh K Tripathi highlighted the partnership's importance for environment-friendly transportation and future deployments.
🌱 IOCL Chairman S M Vaidya celebrated the milestone, emphasizing sustainability and innovation in green hydrogen and fuel cell technologies.
🛣️ IOCL operates 15 fuel cell buses, aiming to assess their performance in challenging climatic conditions like Delhi-NCR.
💼 Moody's affirmed a stable outlook for IOCL, citing its robust balance sheet and leadership in refining and marketing petroleum products.