NavAlt bags Kerala government order for solar ferry boats

Image
IANS New Delhi
Last Updated : Jan 14 2019 | 4:10 PM IST

The Kochi-based NavAlt Solar and Electric Boats (NavAlt) has received orders for more solar boats from the Kerala government after completing a successful two-year run in the state of the country's first sun-powered ferry, the company said on Monday.

The 75-passenger ongoing solar-powered transport ferry in Vaikom plying in Kerala's backwaters has helped the state government save Rs 40 lakh on diesel costs, or the equivalent of 58,000 litres in this period, NavAlt said in a statement.

"NavAlt is recognised as the best solution for water transport by the Kerala government and has received an order from the state for more solar boats of similar and higher capacity," it said.

The private sector firm said it has received orders for supplying two solar ferries of 75-passenger capacity each and one that can carry 100 passengers.

A company spokesperson said that it has also won a Goa government tender for supplying a similar boat which is currently under construction.

"In states like Goa, Kerala, Telangana, West Bengal and Assam, the water transport framework is huge and it can be broadly utilised. The company is under process to introduce more solar boats in other states," the statement said.

Regarding the Kerala ferry, the company said the main cost that the state has incurred over the 2 years of running it is the power charge at an aggregate of Rs 1.31 lakh.

"The all-out savings is about Rs. 40,80,000," it said.

"In our guide ahead, NavAlt has plans to build fishing boats, hydrogen fuel cell boats, carbon fibre applications and solar and wind maritime yatches," NavAlt founder and CEO Sandith Thandasherry said.

NavAlt is a joint venture floated by Indian firm Navgathi Marine Design and Construction along with two French companies Alternatives Energies and EVE Systems.

--IANS

bc/ksk/bg

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 14 2019 | 4:02 PM IST

Next Story