Defence shipbuilder Garden Reach Shipbuilders and Engineers (GRSE) on Wednesday said it has entered into non-binding MoUs with foreign companies for the development of a hydrogen fuel cell ferry and the sale and service of medium-speed engines, particularly for the Indian Navy and the Indian Coast Guard.
GRSE, in its communication to the bourses, stated that it has signed two non-binding MoUs at the Defense and Security Equipment International (DSEI) Exhibition in London, which are of a confidential nature.
