COCHIN, India -- NAVALT - JOINT VENTURE OF NAVGATHI MARINE & ALT EN TO POWER SOLAR BOAT REVOLUTION IN ASIA.
NAVALT is created in order to meet the growing demand for an Eco friendly boating solution in Asia. This new venture will build on Navgathi's unique local marketing expertise along with Alt.En's world leading technology and both companies quality boating products in the region & beyond.
By combining the technological innovation of Alt.En with design expertise of Navgathi, this joint venture will provide boating industry with a more efficient and environment friendly alternative to conventional ferries and cruise boats. This joint venture will also enable Navgathi to leverage success in its current market in Asia and further to extend these relationship to other markets.
"As a leading solar ferry manufacturer, Alt.En is the ideal partner to help in our expansion into the flourished markets in Europe and America" said Sandith Thandasherry, CEO at Navgathi Marine. "We look forward to working hand in hand with Alt.En to bring the economic and environmental benefits of solar boats to burgeoning Asian boating industry. Challenging trends for the existing ferries and cruise boats are air pollution, water pollution, noise pollution, carbon foot print, rising fuel cost and fuel availability and only viable solution is solar and electric vessels with zero green house gas emissions"
Under this joint venture, Alt.En will contribute its innovative & impressive technology and Navgathi will provide its design & construction expertise. Ownership in the joint venture will be shared equally
About Navgathi
Marine Design & Naval architecture expert and pioneer in Indian solar boat industry. Our team has an excellent track record in handling various naval architecture and design projects for ship owners and shipyards world wide.
About Alt.En
Alt.En is the most important and most experienced zero emission GHG boat builder with expertness in Naval architecture, Hydrodynamics of hull and screws, Electric propulsion & battery management.
