NTPC’s green energy arm eyes USD 1.2bn from Indian IPO
Sep 19, 2024 11:52 CESTUS electrolysers and balance of plant (BOP) company Splitwaters and India-based solar company Oriana Power Ltd (NSE:ORIANA) have signed a memorandum of understanding (MoU) to develop green hydrogen and e-fuel facilities in India as well as to potentially set up an electrolyser modules factory in the country.
The agreed alliance envisages Oriana to provide Splitwaters technology-based electrolysers and all other equipment required for green hydrogen projects, along with engineering, procurement, and construction (EPC) services, to clients in India. The company also intends to build a working demonstration green hydrogen production unit.
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Splitwaters will initially supply electrolysers and BOP equipment from the US while the companies are working on establishing an electrolyser and BOP modules factory in India.
Houston, Texas-based Splitwaters offers modularised alkaline water electrolyser technology that uses renewable energy for producing green hydrogen.
Oriana Power is a commercial and industrial solar manufacturer in India.
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