Oil India (OIL) has inked a memorandum of understanding (MoU) with homiHydrogen to work together in the green hydrogen value chain.
homiHydrogen is a joint venture company established by electrolyser experts from Germany, Switzerland, Italy and Norway to manufacture all the four types of electrolysers under one roof.
It is promoted by companies like h2e Power Systems, Bluebasic Ama Engineering and Greenstat Hydrogen India.
OIL and homiHydrogen plan to work to establish a framework that can enable the parties to study, structure and agree on a possible long-term partnership, which could include manufacturing and packaging of electrolysers in India.