
Oil India Limited (OIL) signed an Incubation Agreement with the Start-up firm – Ohm Clean Tech Private Limited on Thursday for hydrogen mobility solutions in Northeast India.
“The start-up will focus on design, integration and development of 9-M Hydrogen Fuel Cell powered e-Bus, and a Liquid Organic Hydrogen Carrier (LOHC) solution,” said the Ministry of Petroleum & Natural Gas.
The start-up will be mentored and nurtured under IIT-Guwahati.
Sushil Ch. Mishra, CMD, Oil India Ltd, said, “OIL is committed to the development of path breaking technologies in the field of clean energy. It is now sponsoring this start-up venture in the complementary fields of hydrogen storage, transportation and mobility solutions.”
Harish Madhav, Director Finance, Oil India Ltd. Said, “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.