New Delhi: Oil India Limited (OIL) has signed an incubation agreement with the start-up Ohm Clean Tech Private Limited for design, integration and development of 9-M hydrogen fuel cell powered e-Bus, and a liquid organic hydrogen carrier (LOHC) solution. The start-up will be mentored and nurtured under the prestigious IIT, Guwahati. 

Sushil Ch Mishra, CMD, Oil India Ltd, said that OIL is committed to the development of innovative and path breaking technologies in the field of clean energy. OIL has already initiated a pilot project for hydrogen generation and blending. It is now sponsoring this start-up venture in the complementary fields of hydrogen storage, transportation and mobility solutions. He expressed the hope that this would help in the Atma Nirbhar Bharat initiatives of GoI and open the doors for a hydrogen economy in the Northeast.

Speaking on the occasion, Harish Madhav, Director, Finance, Oil India Ltd, said that OIL sponsors eligible start-ups under its scheme ‘SNEH’ (Start-up Nurturing, Enabling & Handholding). OIL is presently incubating six start-ups from all over the country working on various hi-tech fields like robotics, instrumentation, biotech and fuel delivery solutions. He envisioned that with the successful completion of these two new collaborations in the hydrogen energy domain, OIL in synergy with the start-up, shall be successful in running a hydrogen fuel cell powered e-Bus in northeast India within a short time.

Bhavna S Mayur, Director Ohm Cleantech, said that Ohm was excited to be part of ushering green energy to the northeast and this was a unique opportunity to bring important hydrogen linked technologies like LOHC and hydrogen bus to the market. With the faith that OIL has put on us, we will do our best to bring 'Atma Nirbhar' development to India. /BI/