Adani Plans To Deploy Hydrogen Fuel Cell Electric Truck
Billionaire Gautam Adani's flagship company plans to develop a hydrogen fuel cell electric truck for mining logistics and transportation along with Ashok Leyland Ltd. and Canada's Ballard Power Systems.
“This collaboration marks Asia's first planned hydrogen powered mining truck,” Adani Enterprises Ltd. said in a statement. “The demonstration project will be led by AEL, a company focused on both mining operations and developing green hydrogen projects for sourcing, transporting, and building out hydrogen refueling infrastructure.”
Ballard will supply the FCmove fuel cell engine for the hydrogen truck and Ashok Leyland will provide the vehicle platform and technical support. The vehicle is scheduled be launched in India this year.
The hydrogen-powered mining truck will weigh 55 tonnes, have three hydrogen tanks, a 200-kilometre working range, and be powered by Ballard's 120 kW PEM fuel cell technology, according to the statement.
“This experience of handling hydrogen as a fuel for commercial fleet not only prepones the advent of hydrogen technology for the mining and logistics sector in the country but will also enable other businesses to opt for long-term sustainable solutions transitioning fleets in ports, airports and in their industrial operations,” Vinay Prakash, director, Adani Enterprises and CEO, Adani Natural Resources, said in the statement.
The plan for fuel cell electric truck ties with the group's objective to build an ecosystem of green energy. The conglomerate owned by the world's third richest person has already announced plans to invest more than $50 billion over the next 10 years in green hydrogen and associated ecosystems.
Randy MacEwen, CEO at Ballard Power Systems, said, “Our technology offers a strong value proposition for their heavy-duty mining truck with our zero emission engines providing long range, rapid refueling and heavy payload capabilities.”
N Saravanan, chief technology officer at Ashok Leyland, said, “With our track record of developing unique and new products, Ballard's technological expertise in fuel cells, and Adani's unwavering dedication to hydrogen, there is a significant opportunity for India to decarbonize both goods and passenger transportation.”
Disclaimer: Adani Enterprises is in the process of acquiring a 49% stake in Quintillion Business Media Ltd., the owner of BQ Prime.
-
Talking Points This Week: Leadership Shock At Nvidia, Earnings Strength, And The Fog Over Hormuz
The Anthropic IPO pricing and first trading day, Nvidia's upcoming earnings, and any fresh signals from Iran will set the tone for the following week.
-
Signature Play: The Classic Cocktail Is Dead. Or Is It?
Classic cocktails are disappearing from India's cocktail menus. But they're still being ordered, taught to bartenders and borrowed from. So, who's really having the last drink?
-
A New Samvat Wishlist: Inclusive Prosperity And Human Development
India has strengthened its economic foundations through infrastructure, digital access and enterprise. Its next growth chapter must deepen productivity, create better livelihoods and widen participation in prosperity.
-
Love, Sex Aur Dhokha: The Audacious Plot To Spy On Jensen Huang
A Taipei dinner, a Singapore chip buyer and a suspected Chinese asset: inside the alleged spy operation that got close to NVIDIA's Jensen Huang.
-
Ten Things I Learnt This Samvat
Patience can be a trap. Cheap stocks can stay cheap. Leverage can wipe you out. What did Samvat 2082 teach us? Niraj Shah writes on 10 lessons from the year gone by.
-
Talking Points This Week: Tech Nerves, FII Buying, And A Faraway Banking Shock
The global markets are not shining this Diwali. The exception in the large markets is, India.
-
Midterm Rally Lasted A Day. The Hard Reality Of A Divided US May Last Two Years | Opinion
Between a contested AI boom, a debt ceiling that arrives in 2027 and a president with every incentive to act alone, the next two years may prove more volatile than the first day's rally suggests.
-
Blue Wave Will Derail the AI Trade but Won't Dismantle the AI Era | Unhedged Position
The Democrats' sweep of the US Congress will see politics collide with economic forces both over the long and short term.
-
It's Time To Take The GST Council's Bet On Trust Global
Payment records can prove India's services exports, and clear, proportionate rules can bring foreign digital sellers into the tax net.
-
Opinion | India at 38: From Innovation Overperformer to Innovation Powerhouse
India now has 453 VC-backed deep science startups, 18 of them late-stage, after 117 percent growth since 2020. Laurus Labs, at USD 9.3 billion, is the most valuable deep science company in any middle-income economy outside China.
