Utility vehicle manufacturer Mahindra & Mahindra has signed an agreement with oil major Indian Oil Corporation to research alternative fuels and energy that may lead to the roll-out of India’s first hydrogen engine in the next two years.
The key areas of research will be bio-diesel and hydrogen with IOC doing the fuel research and Mahindra undertaking the implementation and testing.
The research is significant as a major oil company is investing in alternate fuel technology. Mahindra is the second major manufacturer after DaimlerChrysler to invest in bio-diesel technology and perhaps the first Indian manufacturer to be looking seriously at hydrogen power.
The two companies expect their first hydrogen powered engine to be running in two years.
Deepesh Rathore / Tilak Swarup

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By GlobalData