A Memorandum of Understanding (MoU) between M/s Greenko ZeroC Private Limited (Greenko) and Oil and Natural Gas Corporation Limited (ONGC) has been signed to jointly seek opportunities in renewable energy, green hydrogen, green ammonia, and other derivatives of green hydrogen.
The two-year agreement was signed in New Delhi on July 26, 2022, by ONGC Director Onshore Shri Anurag Sharma and Greenko CEO & Managing Director Shri Anil Kumar Chalamalasetty. Also present were Union Minister of Petroleum and Natural Gas & Urban Affairs Shri Hardeep Singh Puri, Secretary (MoP&NG) Shri Pankaj Jain, ONGC CMD Dr. Alka Mittal, and ONGC Director (Finance).

One of the most well-known suppliers of renewable energy in India is Greenko. It is valid for two years. Hardeep Singh Puri witnessed the signing. According to a statement by the Ministry of Petroleum & Natural Gas, India’s goal of producing 5 million tonnes of Green Hydrogen per year by 2030 will be achieved through the activities set out in this MoU.

However, Hydrogen gas is not available in independent form in nature on the earth’s surface. Hence it is to be extracted from various sources of Hydrogen. The two most significant sources of Hydrogen are – Water and Hydrocarbons (fossils).

 (MoU) has been signed by Oil & Natural Gas Corporation and M/s Greenko ZeroC (Greenko) to cooperatively seek prospects in renewable energy, green hydrogen, green ammonia, and other green hydrogen derivatives and to work together to look for opportunities in the green hydrogen and renewable energy sectors.

The goal of this MoU is to make India a center for green hydrogen on a global scale, in keeping with the National Hydrogen Mission established by the Honourable Prime Minister. In order to meet India’s goal of producing 5 million tonnes of green hydrogen annually by 2030, the efforts envisioned under this MoU will be helpful.

Hydrogen Gentech Private Limited (HGPL) uses different technologies for the production of Hydrogen gas from Water and Hydrocarbons. Through water electrolysis using Bipolar Technology (Green technology) from water. Through Steam Methane Reforming and Methanol Cracking from Hydrocarbons.
Based in India, Hydrogen Gentech Private Limited (HGPL) is a manufacturer and provider of hydrogen generation plants using international technology. a business that has a distinct focus on green hydrogen generation, purification, and recovery technologies, as well as its applications in the industries of industry, renewable energy, fuel, and transportation.