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Private Sector | Not Classified - india | PID: 200758
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Renewable energy firm, ACME Group, and city gas distribution company, Indraprastha Gas (IGL), have signed a memorandum of understanding (MoU) to jointly explore potential business opportunities in green hydrogen in the country.
The two companies will collaborate to develop infrastructure and seek viable opportunities in setting up hydrogen generation plants, including electrolysers to blend green hydrogen in IGL's existing pipeline networks which supply gas to households, industrial and commercial customers, and CNG for vehicles.
A broader objective is to promote green hydrogen adoption by customers and create demand for green hydrogen.
IGL has a network to blend green hydrogen and pursues its vision of business diversification. Moreover, incentive schemes have been released by the government for the production of green hydrogen to achieve commercial viability in the future.
| Updated on: 06 - May - 2023
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