Advait Energy Transitions Ltd — Important, 19-05-2026: Company Update

Advait Energy Transitions has signed an MoU with TECO Fuel Cell Technology AS of Norway, witnessed by the Prime Ministers of India and Norway. This collaboration aims to develop domestic manufacturing and transfer knowledge for hydrogen fuel cell technology, aligning with India's green energy initiatives. It targets stationary power applications from Q1 CY2027, heavy-duty transport from Q1 CY2028, and maritime applications through CY2028, marking a strategic step in the company's clean energy ambitions.