BEL, Triton Electric Vehicle sign MOU

Navratna Defence PSU Bharat Electronics Ltd (BEL) has signed an MoU with Triton Electric Vehicle (TEV), for manufacture of Hydrogen Fuel cells by BEL with technology transfer from TEV, to meet the requirements of Indian market and mutually agreed export markets.

The MoU aims at tapping the demand for clean energy solutions for various applications including for E- Mobility, by leveraging Government of India,s thrust for adoption of clean energy fuels for applications in transport, energy storage etc.

Shares of Bharat Electronics Limited was last trading in BSE at Rs. 108.00 as compared to the previous close of Rs. 105.85. The total number of shares traded during the day was 916360 in over 5957 trades.

The stock hit an intraday high of Rs. 109.15 and intraday low of 106.55. The net turnover during the day was Rs. 98987428.00.

Source : Equity Bulls

Keywords

BharatElectronics INE263A01024 BEL Defence MoU TritonElectricVehicle HydrogenFuelCells