Advait Energy Transitions Limited an Ahmedabad-based energy infrastructure company, has signed a Memorandum of Understanding with TECO Fuel Cell Technology AS of Norway at the 3rd India–Nordic Summit in Oslo.

The agreement was signed by Shalin Sheth, Founder and Managing Director of Advait Energy, and Tore Enger, Executive Chairman of TECO Maritime Group and CEO of TECO Fuel Cell Technology AS. The signing was witnessed by the Prime Minister of India, Narendra Modi, and the Prime Minister of Norway, Jonas Gahr Støre, on the sidelines of the Summit. PM Modi's visit to Norway forms part of a five-nation diplomatic tour from 15 to 20 May 2026, marking his first visit to Norway and the first Prime Ministerial visit from India in 43 years.

The MoU establishes a framework for hydrogen fuel cell manufacturing in India. TECO Fuel Cell Technology AS, with co-development partner AVL List GmbH of Austria, will bring their jointly developed 400 kW hydrogen fuel cell module and 100 kW hydrogen fuel cell stack to India for local manufacture, adaptation, and deployment. The technology is modular and scalable to multi-megawatt configurations.

The collaboration targets three sectors first stationary power, including data centre systems — production targeted from Q1 2027, second heavy-duty transport and mobility — production targeted from Q1 2028, and third maritime and shipping — progressing alongside mobility through 2028.

The programme is projected to generate at least 200 direct and indirect skilled jobs by 2032 across engineering, production, systems integration, and project execution. It includes knowledge transfer, joint engineering, testing, validation, and long-term technical cooperation with AVL List GmbH.

The agreement aligns with India’s Atmanirbhar Bharat initiative and the National Green Hydrogen Mission, which targets 5 million metric tonnes of annual green hydrogen production by 2030. The collaboration aims to build domestic capability in hydrogen fuel cell technology through full knowledge transfer and joint engineering.

Shalin Sheth, Founder and Managing Director, Advait Energy Transitions Limited, said, “We, at Advait, have always believed that India's long-term strength will come not only from consumption, but from its ability to build, engineer, and scale advanced technologies domestically. India now has the industrial capability, engineering talent, and policy momentum to become an active contributor to the global clean-energy ecosystem. This collaboration reflects the growing confidence of Indian companies to participate in global technology partnerships, localise advanced manufacturing, and contribute meaningfully to the future of sustainable energy systems.”