PTC India and Greenstat Hydrogen India, a subsidiary of Norwegian energy company Greenstat, have signed a memorandum of understanding (MoU) for joint development of green hydrogen solutions for Indian power market beneficiaries. Under this MoU, both PTC India and Greenstat Hydrogen India will collaborate and work towards developing green hydrogen projects in India. The key areas of development will include feasibility studies and project management services for green hydrogen solutions to potential beneficiaries in India. The companies will work towards the identification of opportunities for development of a Centre of Excellence for facilitating Green Hydrogen in India.
