Indian Company Dives into Green Hydrogen with Global Partner for a Sustainable Future
Key Ideas
- DEE Development Engineers Limited partners with International Clean-Tech Partner to enter the green hydrogen sector, aiming to deploy hydrogen production systems in India and Thailand.
- The collaboration combines International Clean-Tech Partner's expertise in hydrogen technologies with DDEL's capabilities in manufacturing ultra-pure hydrogen purification systems.
- The alliance strengthens both companies' positions in the green hydrogen market, aligning with India's National Green Hydrogen Mission and contributing to energy self-reliance and economic decarbonization.
- DDEL's acquisition of M/s Molsieve Designs Limited enhances its technical capabilities, positioning the company as a key player in India's clean energy sector.
DEE Development Engineers Limited (DDEL) has entered a strategic partnership with International Clean-Tech Partner to venture into the green hydrogen sector. This collaboration aims to deploy modular hydrogen production systems in India and Thailand. Through a Memorandum of Understanding (MoU), the two companies will collaborate on developing and executing green hydrogen projects. DDEL's expertise in manufacturing ultra-pure hydrogen purification systems complements International Clean-Tech Partner's global leadership in hydrogen technologies.
The partnership is set to boost green hydrogen infrastructure, leveraging International Clean-Tech Partner's technical support and core systems supply alongside DDEL's local responsibilities in marketing, project execution, and after-sales services. This move aligns with India's National Green Hydrogen Mission and contributes to energy self-reliance and economic decarbonization.
Mr. Krishan Lalit Bansal, Chairman & Managing Director of DDEL, expressed confidence in the partnership's potential to drive progress in India and Thailand's green hydrogen ambitions. By enhancing their clean energy portfolio and technical capabilities through the acquisition of M/s Molsieve Designs Limited, DDEL aims to establish itself as a key player in India's evolving clean energy sector. The alliance signifies a significant step towards long-term value creation and market leadership for DDEL while supporting Thailand's renewable energy objectives.
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