India’s Adani Group signs MoU with Ballard Power Systems on hydrogen fuel cells

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Strategic Partnerships

Under the MoU, both parties will examine various options to cooperate, including potential collaboration for fuel cell manufacturing in India

Indian conglomerate Adani Group has signed a nonbinding memorandum of understanding (MoU) with Canadian hydrogen fuel cell technology company Ballard Power Systems to evaluate a joint investment case for the commercialization of hydrogen fuel cells in various mobility and industrial applications in India, the company announced on 21 February 2022.

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