Thermax partners with FFI to explore green hydrogen opportunities in India
In India, The Economic Times reported that Thermax Limited, an Indian energy and environment solutions provider, and Fortescue Future Industries (FFI), an Australia-based green energy company, have signed a Memorandum of Understanding (MoU) to explore green hydrogen projects in India. Under the terms of the agreement, the two firms plan to explore opportunities to jointly develop green hydrogen projects for commercial and industrial customers in India. The report also stated that the deal also contemplates the potential collaboration of the parties in the development of new manufacturing facilities to support green energy projects in the Asian country. “The collaboration with Fortescue Future Industries is perfectly timed to leverage the massive potential of the Indian green energy market that presents a multitude of opportunities, backed by favorable policies and incentives,” said Ashish Bhandari, CEO at Thermax.
Category: Hydrogen
