Thermax Limited has signed a memorandum of understanding (MoU) with Fortescue Future Industries (FFI), an Australia-based green energy and green technology company, to explore green hydrogen projects.
Under the MoU, the parties plan to explore opportunities to jointly develop fully integrated green hydrogen projects for commercial and industrial customers in India. The MoU between Thermax and FFI also contemplates the potential collaboration of the parties in the development of manufacturing facilities to support green energy projects in India.