Business Update20 Mar 2024, 01:51 am
TIME Technoplast Ltd. Receives Approval for Hydrogen Cylinder Manufacturing from PESO
AI Summary
TIME Technoplast Ltd. has received approval from the Petroleum and Explosives Safety Organization (PESO) for the manufacturing of high-pressure Type-IV composite cylinders for hydrogen. This is the first such approval in India and marks a major step towards sustainable green energy solutions. The first lot of cylinders will undergo joint testing and inspection by PESO, which is expected to be completed in six months.
Key Highlights
- TIME Technoplast Ltd. receives approval from PESO for hydrogen cylinder manufacturing
- First company in India to receive such approval for sustainable green energy solutions
- Manufacturing of first lot of cylinders for testing and inspection by PESO
- Expected completion of testing in six months
- Contributing to advancement of green hydrogen technology and shaping a greener future