India Hydrogen Alliance Expands its Membership with 6 New Members
Sumitomo Corp India, Worley, Jindal Renewable Power, HPCL-Mittal Energy, Trilegal, Cochin Shipyard join India Hydrogen Alliance (IH2A).
October 29, 2024. By Mrinmoy Dey
The 26-member strong IH2A coalition, with 16 industry members and 10 partner organisations, represents key global and Indian players operating across the hydrogen value chain, who are working closely with the central and state government agencies to help develop the hydrogen economy in India.
The new membership expansion follows submission of the USD 5 billion National Green Hydrogen Hub Economic Viability and Development Plan, and the USD 50 billion Hydrogen Equipment and Exports Potential Report, to the Government of India. IH2A is currently working closely with state governments to help develop large commercial-scale green hydrogen projects, in partnership with the private sector.
Deepu Surendran, Chief General Manager, Cochin Shipyard Ltd., said, “As India’s leading shipbuilder, Cochin Shipyard has been undertaking several projects to identify emission-free transport solutions. In line with government of India’s National Green Hydrogen Mission, we developed and recently inaugurated India's first fully indigenous hydrogen fuel cell catamaran ferry vessel.”
He further added, “To identify sustainable transport solutions, all stakeholders not just in India but globally need to work together. We believe that IH2A is one such platform where multiple stakeholders are working together to build the hydrogen value chain. Through this association, we are keen to work together and identify projects that provide impetus for use of hydrogen to decarbonise marine transport.”
Amrit Singh Deo, IH2A Secretariat lead, said, “The new members bring specialist expertise that will help develop the hydrogen economy. Sumitomo, HPCL-Mittal Energy and Jindal Renewable Power can decisively shape the hydrogen eco-system as potential offtake entities in the future. Cochin Shipyard is working on hydrogen-powered vessels. Trilegal and Worley bring technical and contracting capabilities that will become important as we see more long-term offtake contracts being signed and projects move to Final Investment Decision (FID) stage.”
The new members will work with the IH2A Steering Group, which is supported by the IH2A Secretariat, run by consulting firm FTI Consulting.
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