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SECI signs MoU to promote green hydrogen initiatives

This partnership aims to enhance knowledge exchange on market-based mechanisms and promote cooperation between India and importing countries

SECI signs MoU to promote green hydrogen initiatives

New Delhi: Solar Energy Corporation of India Ltd (SECI), under the Ministry of New and Renewable Energy, signed a Memorandum of Understanding (MoU) with H2Global Stiftung to establish a collaborative framework for promoting green hydrogen initiatives. This partnership aims to enhance knowledge exchange on market-based mechanisms and promote cooperation between India and importing countries, contributing to the global advancement of the green hydrogen economy.
 

The MoU was signed by Sanjay Sharma, Director (Solar), SECI, and Dr. Susana Moreira, Executive Director, H2Global, on 19th November 2024, in the presence of Timo Bollerhey, CEO (HintCo), Markus Exenberger, Executive Director (H2 Global Foundation), Prashant Kumar Singh, Secretary (MNRE), Abhay Bhakare, Mission Director (NGHM), Prasad Chapekar, DS (MNRE), and K R Jyothi Lal, ACS Kerala.
 

This collaboration provides India with the opportunity to work on joint tender design concepts, particularly in structuring tenders that align with India’s ambition to become an export hub for green hydrogen and its derivatives. The cooperation could offer valuable insights into global hydrogen market dynamics, including trade logistics and stakeholder engagement, which can be instrumental in furthering India’s green hydrogen initiatives.


BI Bureau