GE Power Conversion and Garden Reach Shipbuilders & Engineers Ltd (GRSE) have signed a memorandum of understanding (MoU) to jointly develop electric and hybrid propulsion systems for future commercial and naval shipbuilding projects in India.
The MoU, which will leverage the technological expertise of GE Power Conversion and the ship building expertise of GRSE, is also in line with India’s self-reliant economic strategy, or ‘Atmanirbhar Bharat’, launched by Prime Minister Narendra Modi last year.
‘GE Power Conversion and GRSE will bring together our individual expertise and experience to design Integrated, Electrical and Hybrid Propulsion Systems with specific focus on green energy technologies,’ said Managing Director of GE Power Conversion, India, Balaji Parthasarath. ‘This will further propel commercial and naval vessel projects within India and globally. We look forward to collaborating with GRSE.’
Commenting, Chairman and Managing Director of GRSE, Rear Admiral V K Saxena, highlighted the ‘pressing need’ to find effective implementable solutions to meet the growing demand for alternative propulsion systems which improve efficiency and reduce greenhouse gas emissions.
‘Electric and hybrid propulsion is a fast growing and promising solution to this problem. These technologies have significant naval applications due to the growing power demand of future warships,’ said Saxena. ‘GRSE looks forward to synergising our shipbuilding prowess with the expertise of GE Power Conversion, to be future ready.’