Thermax has entered into a technology licensing and supply agreement with Norway-based HydrogenPro ASA (HydrogenPro), focusing on alkaline water electrolysis solutions for green hydrogen projects. Under the agreement, Thermax will procure electrolyser stacks from HydrogenPro and pay royalties and other fees as stipulated. The agreement also includes provisions for future upgrades, technical support, and access to HydrogenPro’s proprietary gas-liquid separator unit technology.
With this agreement, Thermax gains exclusive rights for the Indian market to supply, install, commission, and provide after-sales services for alkaline electrolyser systems based on HydrogenPro’s technology. The arrangement is effective immediately and will support deployment in ongoing and upcoming green hydrogen projects across India.
HydrogenPro’s electrolyser technology complies with international standards and certifications and features in-house expertise in advanced electrode development and coating—key enablers of high-efficiency electrolysis systems.
As part of the comprehensive technology transfer, Thermax will engineer and manufacture key systems and balance-of-plant (BoP) components for integration with HydrogenPro’s stacks. The companies will also collaborate on the joint development of advanced solutions to meet evolving market requirements. As a significant first step, a state-of-the-art test station for short stacks will be established at Thermax’s facility in Pune.
Commenting on the partnership, Ashish Bhandari, MD & CEO, Thermax, said, “Our association with HydrogenPro marks an important step in expanding our green hydrogen portfolio. This collaboration enables us to immediately offer market-ready alkaline technology-based solutions for deployment across industries in India. By combining HydrogenPro’s proven technology with Thermax’s engineering and project execution expertise, we will deliver integrated, localised, state-of-the-art alkaline electrolyser solutions with complete lifecycle support.”
“India, with its strong development in renewable energy is one of the fastest growing hydrogen markets. The partnership with Thermax provides us with an important entry into the country and a solid market foothold,” said Jarle Dragvik, CEO, HydrogenPro. “Our goal is to enable the decarbonisation of industry through the use of green hydrogen, particularly in sectors with few or no renewable alternatives to current operational practices. India is striving to decarbonise their industries and modernise power generation, and this closely aligns with our technology. We will jointly develop and deliver comprehensive, integrated solutions that address complex challenges and enable scalable, sustainable energy advancements in India”.
With this collaboration, Thermax will offer end-to-end integrated green hydrogen solutions — encompassing the supply of electrolyser systems, turnkey project execution on an EPC (Engineering, Procurement, and Construction) basis, and value-added services to ensure optimal performance of green hydrogen production plants.
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