first Hydrogen Combustion Engine technology trucks
Mumbai February 6, 2023: Reliance Industries Limited (RIL) today unveiled India’s first Hydrogen Internal Combustion Engine technology solution for heavy duty trucks flagged off by PM mODI at the India Energy Week in Bangalore.
The Hydrogen Internal Combustion Engine (H2ICE) powered trucks will emit near zero emissions, deliver performance on par with conventional diesel trucks and reduce noise and with projected reductions in operating costs thus redefining the future of Green Mobility.
As part of its Net carbon Zero vison, Reliance with its vehicle partner Ashok Leyland and other technical partners are engaged in developing this unique technology since the last year with first engines running in early 2022. Going forward, Reliance will first extensively test and validate the H2ICE technology for heavy duty trucks before its first commercial deployment at scale initially across its captive fleet. Simultaneously Reliance is pursuing the opportunity to create an end-to-end Hydrogen eco system for mobility.
Significantly, Reliance is India’s largest private sector company, with a consolidated revenue of INR 792,756 crore ($104.6 billion), cash profit of INR 110,778 crore ($14.6 billion), and net profit of INR 67,845 crore ($9.0 billion) for the year ended March 31, 2022. Reliance’s activities
span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, advanced materials and composites, renewables (solar and hydrogen), financial services, retail and digital services.
READ THIS ALSO: Finance Minister: Adani Groups’ Matter Is A Company Problem, Not An Attack On India
Currently ranking 104th, Reliance is the largest private sector company from India to feature in Fortune’s Global 500 list of “World’s Largest Companies” for 2022. The company stands 53rd in the Forbes Global 2000 rankings of “World’s Largest Public Companies” for 2022 –
top-most among Indian companies. Reliance has been ranked among the world’s 20 best companies to work with, and highest amongst Indian companies in Forbes’ World’s Best Employers for 2022. It features among LinkedIn’s ‘The Best Companies to Work For in India
The NIA has secured another seven days’ custody of international gangster Anmol Bishnoi, the younger…
Delhi Police are seeking details of foreign-trained doctors as part of the Red Fort blast…
Early RSV infection raises childhood asthma risk, especially in allergy-prone families, but newborn protection can…
The Rouse Avenue Court in Delhi on Saturday again deferred its decision on taking cognisance…
Indian markets posted a third straight week of modest gains, with the Nifty and Sensex…
Iran’s Football Federation says it will skip the 2026 World Cup draw after the US…