Hydrogen powered e-buses unit to be set by Mallawa
Early-stage technology and services company, Mallawa Ventures would set up a facility near Chennai to make hydrogen?powered electric buses. The firm has identified nearly 500 acres of land to set up the unit and plans are on to start operations soon. Mallawa said that investment in the hydrogen-powered e-buses is about Rs 8,000 crore and is to be done in phases till 2030.
The firm would also set up a hydrogen fuel generation plant and about 10 charging stations in the city.