Advait Infratech Limited, a leading Indian power and telecom infrastructure company, has signed a Memorandum of Understanding (MOU) with Jiangsu HuaDe Hydrogen Energy Technology Co., Ltd., a global leader in hydrogen fuel cell technology based in China. The intent of the MOU is to collaborate on setting up a fuel cell manufacturing facility in Gujarat, India, with the design developed by HuaDE. The technology will remain with HuaDe, and Advait will be the manufacturer of the fuel cell systems in India.

The aim of this collaboration is to capture a sizable market of pure hydrogen and city gas-based fuel cell systems in India. With the increasing demand for clean energy solutions in India, the partnership between Advait and HuaDe is expected to create a significant impact on the country's energy landscape.

The fuel cell manufacturing facility in Gujarat will use the latest technology and equipment to manufacture fuel cell systems that meet the highest quality standards. Advait's strong presence in India's infrastructure sector and HuaDe's expertise in fuel cell technology are expected to create a winning combination that will drive growth in the Indian market.

"We are excited about the partnership with HuaDe and the potential it holds for the future of clean energy solutions in India," said Mr. Shalin Sheth, MD of Advait Infratech Limited. "We believe that this collaboration will help us leverage HuaDe's expertise in fuel cell technology and our strong market presence to capture a sizable market share of fuel cell systems in India."

This partnership is in line with Advait's commitment to building sustainable infrastructure in India. The fuel cell manufacturing facility is expected to create new jobs and contribute to the growth of the Indian economy.

About Advait Infratech

Advait Infratech Limited is an Ahmedabad-based company that offers robust products and end-to-end solutions for power transmission, substation, and telecommunication infrastructure and is diversifying into renewable energy in 2023. Founded in 2009, Advait Infratech got listed on the Bombay Stock Exchange in 2020. The company recently announced a 1:1 bonus issue for its shareholders.

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