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    DBS names Gautam Banerjee to Board of Directors

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    Novo and Hengrui Pharma enter exclusive license agreement for once-weekly oral GLP-1/GIP dual receptor agonist HRS-1596

    PHOTO CREDIT-M&S

    M&S and Sephora Partner to Bring a New Beauty Destination to High Streets Across the UK

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    Historic First for Jammu & Kashmir (UT): Mining Development Begins with Successful Auction of Two Mineral Blocks

    Bengaluru’s Jewellers to Walk for a ‘Drugs-Free Bharatha’ on Gandhi Jayanti

    Tourism and Energy Minister K.J. George Orders Strict Subsidy and Dues Recovery Mandate to Financialise Underperforming State ESCOMs

    Schneider Electric brings mobile service innovation hub to South India with Services Xpress.

    380 learners graduate from IIMBx’s FinTech Certificate Programme for Young Professionals.

    BTS 2026 Blueprint: Karnataka Unveils 50,000 Sq. Ft. Deep-Tech Pavilion Backed by 101 AI and Drone Startups

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BEL, Gabriel Power sign MoU to leverage cross border biz opportunities across power & energy sectors for India

FWM by FWM
July 20, 2023
in Business
0

New Delhi/Bengaluru, July 19, 2023: Bharat Electronics Limited (BEL), a Navratna Defence PSU, and Gabriel Power and Energy Pvt Ltd have signed a Memorandum of Understanding (MoU) to collaborate as partners and come up with state-of-the-art, cutting-edge technologies which can be manufactured in India for the use of Government and private sectors.

The strategic MoU, which would leverage the strengths and capabilities of both the organisations, is envisaged to give a boost to the ‘Atmanirbhar Bharat’ initiative and help realise the Government’s vision of a Digital India. The focus on indigenous manufacturing reinforces the two companies’ commitment to the ’Make in India‘ initiative, enhancing indigenous capabilities and positioning India globally, as a leading manufacturing hub for advanced power and energy solutions. The partnership will also have a significant impact on job creation within the power and energy sectors.

As part of the MoU, BEL and Gabriel would work closely together to usher in state-of-the-art technologies which would be further optimised and manufactured in India. The partnership will encompass a wide range of products, including EV Chargers, Smart Meters, Green Hydrogen Generation, Hydrogen Gensets and Solar Steam Solutions.

BEL, India’s leading manufacturer of Defence electronic products and systems, brings to the table extensive expertise in research, design, development and production across multiple segments. BEL’s areas of business encompass Radars & Weapon Systems, Communication Systems, Electronic Warfare Systems, C4I Systems, Anti-submarine Warfare Systems, Electro-Optic Systems, and more. BEL has also established a robust manufacturing infrastructure and an ecosystem for research and development.

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Gabriel Power is a company that is backed by several Global Funds and has partnerships with various companies worldwide. Gabriel has cutting-edge technologies for products like EV Chargers, Smart Meters, Solar PV Panels, Solar Steam, Hydrogen Gensets, Hydrogen Fuel Cells, etc. It would bring these technologies to India, manufacture few products along with BEL under ’Make in India‘ and sell it in India, Asia, Middle East and Africa.

FWM

FWM

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