The German electrolyser maker will work with GIZ to assess India’s green hydrogen market and identify areas for collaboration on market development. The duo will also explore opportunities for “scalable deployment models” to support “cost-effective implementation.”

Kiran Paul Joseph, CEO of Thyssenkrupp Nucera India, said the country was “one of the most promising future markets” for green hydrogen.

“This cooperation enables us to deepen our understanding of the local market and engage more closely with India’s hydrogen ecosystem,” he said.

It would add to the company’s existing presence in India from its chlor-alkali electrolysis deployments.

The partnership falls under the International Hydrogen Ramp-Up (H2Uppp) programme, funded by the German Federal Ministry of Economic Affairs and Energy, which supports hydrogen development in the Global South.

Regine Dietz, H2Uppp project director at GIZ, said the programme would connect Nucera with local stakeholders to help translate market potential into “greater transparency and a clearer understanding of future development pathways.”

India is increasingly being viewed as a key market for green hydrogen, as the country looks to build up production capacity for exports to markets like Europe.

For Nucera, the partnership could provide near-term traction as broader project development slows.

Despite supplying equipment to some of the world’s largest projects, the firm has reported declining sales in its green hydrogen segment in its latest results, citing delayed final investment decisions.

The OEM has continued to bet heavily on green hydrogen, opening a pilot plant for new solid oxide electrolyser technology and acquiring technology from a bankrupt competitor.