Hindustan Aeronautics (HAL) rose 1.67% to Rs 969.60 after the company said it signed an MoU with Rolls-Royce to establish packaging, installation, marketing and services support for Rolls-Royce MT30 marine engines in India.Through this MoU, Rolls-Royce and HAL will expand their long-standing partnership in India and work together in the area of marine applications for the first time.
MT30 is a naval gas turbine currently in-service with naval programs worldwide in various propulsion arrangements across seven ship types.
R Madhavan, CMD, HAL said, Rolls-Royce has been our valued partner for several decades. We now look forward to working together to explore business opportunities in marine applications. This partnership will leverage the rich experience of HAL s MGT Division that works on marine gas turbines with Indian shipyards. Further, we are also exploring the option of using MT7 marine engine on the hovercraft being planned by the shipyards in India.
To collaborate on MT30 marine engines in IndiaHindustan Aeronautics (HAL) and Rolls-Royce have signed an MoU to establish packaging, installation, marketing and services support for Rolls-Royce MT30 marine engines in India. Through this MoU. Rolls-Royce and HAL will expand their long-standing partnership in India and work together in the area of marine applications for the first time.
MT30 is the world s most power-dense, best-in-class naval gas turbine currently in-service with naval programs worldwide in various propulsion arrangements across seven ship types. Derived from the Trent
aero engine family, the MT30 has the potential to provide next-generation capabilities to the Indian Navy s future fleet, The MT30 can deliver its full power of up to 40 MW in ambient temperatures up to