Ballard Power Systems (TSX: BLDP) has announced that it has received a fuel cell order from Medha Servo Drives, a prominent rail system integrator. This order is intended for the development of India’s first hydrogen-powered trains. The two diesel-electric commuter trains will be retrofitted with eight units of Ballard’s latest fuel cell technology, specifically the 100kW FCmoveTM-HD+.
Ballard is committed to supporting Medha in leveraging this technology to assist Indian Railways in achieving its net zero goals. David Mucciacciaro, Ballard’s chief commercial officer, emphasized the significance of this collaboration in advancing global efforts towards decarbonizing mobility. He expressed the company’s excitement in expanding its fuel cell business in India and being a part of powering the first hydrogen-powered, zero-emission passenger trains in the Indian market.
Ballard’s fuel cells play a crucial role in the electrification of various modes of transportation, including buses, commercial trucks, trains, marine vessels, and stationary power. The company’s latest 100kW FCmoveTM-HD+ technology offers enhanced efficiency and power density compared to previous modules. The fuel cell modules are scheduled to be shipped in 2023, with the trains expected to enter service in 2024, paving the way for potential future retrofits.
The hydrogen fuel cell project undertaken by Indian Railways is projected to yield economic benefits with a payback period of less than two years, owing to the lower cost of hydrogen compared to diesel. Furthermore, the conversions are anticipated to result in a significant reduction in annual carbon dioxide emissions and the elimination of particulate matter.
Mr. Kasyap Reddy, managing director of Medha Servo Drives, expressed enthusiasm about the partnership with Ballard and the opportunity to contribute to the decarbonization of rail transportation in India. He highlighted the strong project economics and leading technology that underpin the optimism for the future of zero-emission rail transport.
