Technip Energies and Greenko ZeroC signed an MOU to explore green hydrogen project development opportunities across industries including refining, petrochemicals, fertilizer, chemical and power plant sectors in India to accelerate energy transition in the country.

The MOU aims to facilitate active engagement between the teams of Technip Energies in India and Greenko to step up collaborative opportunities on a “Build-Own-Operate (BOO)” model – in which Greenko will be the BOO operator and owner of the asset and Technip Energies will support with Engineering services, Integration and EP/EPC – for pilot and commercial scale green hydrogen and related projects in India in order to offer economically feasible technology solutions to clients.

Both entities bring complementary skills and added-value to this partnership – Technip Energies with its hydrogen know-how, integration capabilities, EPC project management skills and regional footprint, and Greenko with its technological know-how and assets in renewable energy, which span solar, wind and hydro.

"Energy Transition is key for India in its fight against climate change and quest for energy independence," said Gautam Reddy, COO, Greenko ZeroC. "Greenko has an established expertise and asset base in RE generation & storage alongside investments in electrolyzer technology. With these strengths, our tie-up with a world class Engineering & Technology company like Technip Energies enables the partnership to deliver optimal, expedited, large scale carbon neutral solutions that India needs."