NGEL Signs MoU with Nayara Energy for Green Hydrogen Production
The MoU envisages to collaborate and produce green hydrogen for Nayara Energy's captive usage, accelerate decarbonisation and catalyse reduction in carbon footprint. This collaboration is in line with NTPC's initiatives to develop hydrogen projects in India.
September 12, 2023. By Anurima Mondal
The MoU envisages to collaborate and produce green hydrogen for Nayara Energy's captive usage, accelerate decarbonisation and catalyse reduction in carbon footprint. This collaboration is in line with NTPC's initiatives to develop hydrogen projects in India and aligns with the vision of a self-reliant India (Atmanirbhar Bharat) as laid out by Prime Minister Narendra Modi.
While congratulating the team, Mohit Bhargava, CEO (NGEL) mentioned that “We are happy to join hands with Nayara Energy in our shared commitment to accelerate India's transition to clean and sustainable energy sources. Green hydrogen would be a crucial element of India's clean energy future, and with this partnership, we will explore and implement cutting-edge technologies to produce green hydrogen, contributing to a cleaner and more resilient energy landscape. Through NGEL, we are dedicated to expanding our green energy portfolio, and this collaboration exemplifies our relentless pursuit of a greener and more sustainable future for the nation.”
While appreciating the efforts of NTPC for green hydrogen, Dr. Alois Virag, CEO, Nayara Energy has communicated that, "As a prominent player in the energy industry, environmental sustainability is deeply ingrained in all our business operations at Nayara Energy. Today, we take an important step forward by partnering with NTPC, leaders in green energy business, to explore the potential of green hydrogen. This collaboration will contribute to achieve the energy transition objectives of the country."
please contact: contact@energetica-india.net.
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