PTC India Limited has signed a memorandum of understanding (MoU) with Greenstat Hydrogen India Private Limited (GHIPL) to jointly develop green hydrogen solutions for Indian power market beneficiaries.
Under the MoU, the areas of development will include feasibility studies and project management services for green hydrogen solutions to potential beneficiaries in India. Both PTC and GHIPL will also work towards identifying opportunities for development of a centre of excellence for facilitation of green hydrogen in India.