India’s Hygenco Green Energies finalizes green hydrogen MoU with Mitsubishi
Zara Najimi
08-Aug-2024
LONDON (ICIS)–India’s Hygenco Green Energies has signed a memorandum of understanding (MoU) with Mitsubishi Power to explore delivering green hydrogen and ammonia-fired gas turbine combined cycle (GTCC) power plants.
The agreement includes supplying green fuel for Mitsubishi Power’s GTCC technology and developing commercially viable green hydrogen and ammonia production assets on a ‘build-own-operate’ or ‘gas-as-a-service’ basis.
“We are excited to leverage our expertise in green hydrogen and ammonia to support the decarbonization of power generation and contribute to a sustainable energy future, ” said Hygenco CEO Amit Bansal.
The partnership, backed by financial support from the Japan International Cooperation Agency (JICA), will provide its integrated solutions in India and globally, Hygenco added in a statement.
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