Latest News | ACME, IGL Ink Initial Pact to Explore Biz Avenues in Green Hydrogen

New Delhi, May 5 (PTI) Diversified renewable energy firm ACME Group and city gas distribution company IGL have signed an initial pact to jointly explore potential business opportunities in Green Hydrogen.

ACME and IGL will work jointly to promote the adoption by the customers and create demand for Green Hydrogen in the country, an ACME Group statement said.

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The memorandum of understanding (MoU) was signed by Ashwani Dudeja (President & Director - Green Hydrogen and Ammonia, ACME) and Sanjeev Kumar Bhatia (Vice President - Business Development & Gas Sourcing, IGL), it added.

The companies will also work together to explore the opportunity of setting up hydrogen generation plants including setting up electrolyzers to blend Green Hydrogen in IGL's existing pipeline networks supplying gas to households, industrial & commercial set ups and CNG for vehicles.

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"I would like to thank IGL for their commitment to develop infrastructure and supply green hydrogen to customers. Both the partners will identify areas/projects for green hydrogen adoption in the country," Manoj K Upadhyay, Founder & Chairman, ACME Group said.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)