BSECompany Update6d ago · 13 Aug 2026, 07:31 pm
Time Technoplast secures prestigious order for Hydrogen Storage and Fuel Delivery System for NTPC''s Hydrogen-Powered Locomotive Pilot Project (Railway).
Time Technoplast Ltd · 532856
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Time Technoplast Ltd has secured a prestigious order worth ₹2.48 crore to supply a complete Type IV Composite Cylinder Hydrogen (H2) Storage Cascade and Fuel Delivery System for NTPC's hydrogen-powered locomotive pilot project.
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Full Announcement
Time Technoplast Ltd - 532856 - Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
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TimEI7r
August 13, 2026
National Stock Exchange of India Ltd BSEL imited
ExchangeP laza,5 th Floor, lst Floor, New Trading Ring,
Plot No. C-1, Block G, Rotunda Building,
Bandra– Kurla Complex, P. J. Towers, DalaIS treet,
Bandra (East), Mumbai – 400 051 Fort, Mumbai – 400 001
Symbol: TIMETECHNO Scrip Code: 532856
Dear Sir/Madam,
Sub: Time Technoplast Secures Prestigious Order for Hydrogen Storage & Fuel Deliver'
SYstemf or NTPC’sH ydrogen-PoweredL ocomotive Pilot Project (Railway)
Ref: Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015
Time TechnoplastL imited ("the Company"),o ne of India's leading manufacturerso f
advanced composite products, has received a prestigious order worth q2.48 crore to supply
a complete TYpe IV Composite CYlinder HYdrogen (Hz) Storage Cascade and Fuel Delivery
System for NTPCL imited's pioneering hydrogen-powered locomotive (RAILWAY)p ilot
project. The order has been awarded through EPCp artner Concorde Control Systems
Limited.
This order marks a landmark moment for India's hydrogen mobility sector/ as it is closely
alignedw ith the broader "Make in India" pusht hat hasa lready deliveredt he country's first
domestically developed hydrogen-powered train, a milestone that positioned India among
a select group of nations engineering hydrogen rail technology indigenously. Building on
that momentum, the hydrogen fuel cell system for this locomotive is also being designed
and manufactured in India, reflecting a growing ecosystem where the complete hydrogen
train value chain, from fuel cells to storage systems, is increasinglyd eveloped and
manufactured domestically. Time Technoplast's role in supplying the composite cylinder for
Hydrogen storage and fuel delivery system is a direct extension of this ecosystem/
underscoring the significant and growing demand for composite hydrogen cylinders in India/
a segmentw ith substantial long-term growth potential.
TIME TECHNOPLAST LTD
With a vision for the future
CIN : L27203DD1989PLC003240
Regd. Office : 101. 1s t Floor, Centre Point, Somnath Daman Road. Somnath, Dabhol, Nani Daman, Daman . 396210
(>xP. Off. : 55, Corlnrate Avenue. 2nd Floor, Saki Mhar Road,AndheH (East), Mumbai - 4CX)0 72 INDIA Tel. : 91-22-7111 9999 / m)3 E-mal : Wmet8chnoplast.mm Website : www.bmetechnoplast.com
Bangalore - (080) 27735346 /47 Baddi : 9816720202N816820202B8167CD202C hennai (044) 4501 0019 / 29 Delhi : (0120) 4326144 /4284946 Hyderabad ' 91
TlmElr
Indigenous Type IV Hydrogen Storage and Delivery Technology
The Companyw ill provide the complete onboard H, storage and fuel delivery system
operating at 350 bar, incorporating its indigenously developed Type IV composite
hydrogen cylinders, together with the high-pressures torage and fuel delivery architecture
requiredf or integration with the fuel-cell propulsions ystem.
The project validates the Company’s capabilities beyond composite cylinder manufacturing,
extending to the design, engineering and integration of complete high-pressure hydrogen
storage and delivery systems. The Company has a well-established in-house R&D team of
over 30 experienced people.
Advancing India’s Green Hydrogen Mobility
The project represents an important step in demonstrating hydrogen propulsion for heavy-
duty, high-power transportation applications.
For Time Technoplast, this project strengthens its growing hydrogen portfolio
comprisingType IV composite cylinders, high-pressure storage systems, cascades and
integrated hydrogen fuel delivery solutions.
Building an Indigenous Hydrogen Ecosystem
Time Technoplast believes indigenous hydrogen storage technology will play an important
role in India’s transition towards cleaner mobility and its broader Green Hydrogen
ambitions.
The Companys eess ignificant long-term opportunities across railways, commercial vehicles,
passengerv ehicles, public transport, stationary storage and other heavy-duty hydrogen
applications.
Commenting on the development, the Management of Time Technoplast Limited said:
“We are privileged to be associated with this prestigious hydrogen locomotive project. The
selection of Time Technoplast for the complete H2 storage and fuel delivery system is a
significant recognition of our indigenous Type IV composite cylinder technology and growing
capabilities in integrated hydrogen storage solutions.
TIME TECHNOPLAST LTD.
With a vision for the future
TlmEI'‘
This project demonstrates our evolution from a composite cylinder manufacturer to a
provider of complete hydrogen storage and fuel delivery solutions. We believe it can
become an important reference for future hydrogen applications across railways, heavy
commercial vehicles and other high-power mobility platforms in India and internationally.”
Strategic Significance
This order marks another important milestone in Time Technoplast’s strategy to establish a
significant presence in the emerging hydrogen economy and clean mobility ecosystem. The
Company’sa dvanced composite technology and high-pressure gas storage expertise provide
a strong platform to address growing opportunities in CNG, hydrogen and alternative-fuel
applications.
About Time Technoplast Limited
Time Technoplast Limited is a leading multinational polymer and composite products
company with operations across India and international markets. Its advanced composite
portfolio includesT ype IV cylinders for CNGa nd hydrogen applications, with continuing
investmentsi n technologies supporting clean energy, alternative fuels and sustainable
mobility.
Please find below details as required under SEBI Circular No. SEBI/HO/CFD/CFD-PoD-
1/P/CIR/2023/123 dated July 13, 2023:
Sr. No. Particulars Details
1 name of the entity awarding the Concorde Control Systems Limited
order(s)/contract(s);
2 significant terms and conditions of First Order for Hydrogen Storage & Fuel
order(s)/contract(s) awarded in brief; Delivery System for NTPC’s Hydrogen-
Powered Locomotive Pilot Project
3 whether order(s)/contract(s) have Domestic Entity
been awarded by
domestic/international entity;
4 nature of order(s)/contract(s); Design, Manufacture and Supply of
Complete Hydrogen Type IV
(H2)
Cylinder Cascade Storage and Fuel
Delivery System
whether domestic or international; Domestic
time period by which the Within four months
order(s)/contract(s) is to be executed;
TIME TECHNOPLAST LTD
With a vision for the future
TImE-r
Particulars Details
broad consideration or size of the q 2.48 Crores
order(s)/contract(s);
whether the promoter/promoter
group/ group companies have any
interest in the entity that awarded the
order(s)/contract(s)? if yes, nature of
interest and details thereof;
whether the order(s)/contract(s) Not a related party
would fall within related party
transactions? if yes, whether the
same is done at “arm’s length”
You are requested to take note of the same.
Thankingy ou,
Yoursf aithfully,
For TIMET ECHNOPLASLTI MITED
BHARATK UMARV AGERIA
MANAGINGD IRECrOR
DIN: 00183629
TIME TECHNOPLAST LTD.
With a vision for the future