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Mallawa Ventures to set up hydrogen fuel cell bus factory project near Chennai

Tuesday, 27 Sep 2022
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Mallawa Ventures is proposing to establish a hydrogen fuel cell bus factory near Chennai, Tamil Nadu. The company will set up a bus manufacturing factory and a hydrogen plant near Chennai. 
The proposed factory is expected to have a capacity of about 100 units a month. The company has planned a cumulative investment of around Rs 8,000 crore over the next eight years. 
It is in the process of identifying a site for the proposed factory near Chennai and plans to come out with its first pilot product in nine to 12 months.  
Mallawa Ventures has forged a partnership with a Texas-based company to set up a hydrogen plant to meet the fuel requirements of its buses. 
The project is expected to be ready in 18-24 months with a capacity of 60 tonne. This unit is expected to entail an investment of Rs 300-400 crore.


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