The company also has an ambitious project of rolling out electric vehicles by next year, said JJ Chandra, CMD, Atul Auto.
Atul Auto has signed an agreement with Greaves Cotton to develop engines that are BS-VI compatible.
The compnay is a leading three-wheeler manufacturing company in Rajkot, Gujarat, India.
As per the agreement, the partners plan to develop a new generation of fuel agnostic range of power train solutions that adhere to BS-VI norms. This will be for all type of fuels - diesel, petrol, CNG and electric power.
Throwing more light on the above development, JJ Chandra, CMD, Atul Auto told CNBC-TV18 that the details for the partnership are still being worked.
India will be moving from the current BS-IV emission norms to BS-VI nomrs by April 2020.
They plan to operate from their new plant in Ahmedabad for the production of the diesel and petrol variants.
The Ahmedabad plant was already in progress and will be completed by 2020, said Chandra, adding that they will need a capex of Rs 450-500 crore for the plant.
The company also has an ambitious project of rolling out electric vehicles by next year, said Chandra.For more, watch video