|

Omega Seiki Mobility to launch hydrogen-powered three-wheelers

By

Omega Seiki Mobility (OSM) plans to roll out hydrogen-powered three-wheelers in India by the end of this financial year. The company is collaborating with state governments to initiate pilot projects, involving 50 to 100 vehicles, with plans for subsequent expansion.

In partnership with Systemics, OSM has formed Hydrogen Intelligence, a joint venture that developed hydrogen-powered three-wheelers capable of covering 700 km with a two-kg hydrogen cylinder. 

These vehicles have undergone successful testing, including at Le Mans, France, where they covered 708 km in 24 hours. The hydrogen fuel cell technology functions like a battery, generating continuous electricity.

OSM will manufacture the vehicles at its Faridabad facility, with additional production capabilities being established near Chennai to support exports. Initial market launches are planned for Karnataka, followed by Kerala, Tamil Nadu, Telangana, and Andhra Pradesh. Chairman Uday Narang highlighted hydrogen’s potential, noting that with just five minutes of recharging, two kg of hydrogen costing €30 can power vehicles for over 700 km.

In parallel, OSM is raising Series B funding to support its expansion plans.

Similar Posts

|

KEC International wins new orders worth Rs 10.03 billion

By

KEC International has won new orders worth Rs 10.03 billion across its railways, civil works, and cables segments. The company’s railways division secured a contract for a tunnel ventilation system and related works in India. Additionally, KEC received an order for civil and mechanical work at a steel plant in the country. The cables business also secured contracts for the supply of various types of cables, both domestically and internationally. 70% of this year’s order…

|

Moody’s: Indian companies to spend USD 45-50 billion annually on capex 

By

Moody’s Ratings expects Indian companies to invest USD 45-50 billion annually in capex over the next 1-2 years, with Reliance Industries accounting for 30% of this. The oil and gas sector, including Reliance, will make up over 60% of the total spending, focusing on capacity expansion and green energy. Strong earnings will keep leverage low for Indian firms, despite high offshore borrowing rates. Moody’s forecasts a 6% GDP growth for India over the next two…

|

JSW Steel to commission 580 MW renewable power by March 2025

By

JSW Steel’s Board has approved an expanded power purchase agreement (PPA) to procure renewable power for a total of 2,507 MW across its sites at Vijayanagar, Dolvi, Salem, and Anjar. Of the initial 1,637 MW commitment, 375 MW has already been commissioned, with an additional 580 MW expected to come online by March 2025. The Board has now greenlit further renewable procurement, including a hybrid energy capacity of 600 MW (200 MW solar and 400…

|

SRPC proposes 6,000 MW reverse capacity upgrade for Raigarh-Pugalur HVDC system

By

The Southern Regional Power Committee (SRPC) has proposed enhancing the reverse transfer capacity of the ±800kV, 6000 MW Raigarh-Pugalur HVDC system from 3,000 MW to 6,000 MW. The National Committee on Transmission (NCT) is expected to discuss this proposal in its upcoming meeting later this month. Currently, the Raigarh-Pugalur HVDC link can transfer 6,000 MW in the forward direction from Raigarh (Chhattisgarh) to Pugalur (Tamil Nadu). The estimated cost for the reverse capacity project is…

|

Skipper secures Rs 7.65 billion orders in Q1 FY25

By

Skipper Limited has reported a new order inflow of Rs 7.65 billion in the first quarter of FY25, driven by significant contracts from Power Grid Corporation of India Limited (PGCIL) and other state utilities, as well as projects in the Middle East and Africa. The company’s order book as of June 30, 2024, totals Rs 58.44 billion, with 86 per cent coming from domestic sources. The portfolio includes a significant share from the T&D sector,…

|

Hartek Power crosses 10 GW capacity

By

Hartek Power, a leader in grid infrastructure and solar EPC, has crossed 10 GW of combined capacity across its business units. The company has built EHV/HV substations up to 400 KV for independent power producers (IPPs) and utilities, supporting grid expansion and the energy transition to renewables. Hartek’s rooftop solar unit ranks among the top four in India. Recently, Hartek secured a 765 KV power systems project from PGCIL and is currently executing a 300…

Leave a Reply

Your email address will not be published. Required fields are marked *