The MoU aims to facilitate active engagement between Technip Energies in India and Greenko to step up collaborative opportunities on a 'Build-Own-Operate (BOO)' model – in which Greenko will be the BOO operator and owner of the asset and Technip Energies will support with engineering services, integration and EP/EPC – for pilot and commercial-scale green hydrogen and related projects in India.
Davendra Kumar, Senior Vice President Deputy One T.EN Delivery and MD India at Technip Energies, commented: “We strongly believe in collaboration to realize our Energy Transition objectives. Our strategic partnership with Greenko reinforces our commitment to deliver a low carbon future, leveraging decades of expertise in feasibility studies, EPC and technology know-how to support Green Hydrogen and associated projects."
Gautam Reddy, COO, Greenko ZeroC, said: “Energy Transition is key for India in its fight against climate change and quest for energy independence. Greenko has an established expertise and asset base in RE generation & storage alongside investments in electrolyzer technology. With these strengths, our tie-up with a world class Engineering & Technology company like Technip Energies enables the partnership to deliver optimal, expedited, large scale carbon neutral solutions that India needs."