Under the agreement, the companies will develop alkaline electrolysers (AEL), polymer exchange membrane (PEM), anion exchange membrane (AEM) and CRT’s ‘C Cell’ technology for mass-scale production.
CRT and ANIL say the deal also guarantees infrastructure cost for further electrolyser technologies.
Dr. Ani Kulkarni, CRT CEO, said it is going to be a “golden era” for hydrogen in the next 10 years and the partnership will leverage on its engineering and capital market experience and research.
CRT now can accelerate research activities to shorten the commercialisation pathway, in a hydrogen electrolyser market in the Asia Pacific (APAC) region.
The Adani Group have businesses spanning across power generation and distribution, renewable energy, gas, infrastructure, logistics, mining and resources with a market capitalisation close to $150bn (April 2022).
Read more: Why India is a country to watch when it comes to hydrogen production
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