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Italy’s Maire Tecnimont arms, Adani Enterprises tie up to develop green hydrogen projects in India

Italian firm Maire Tecnimont S.p.A. on Monday said its arms NextChem, Stamicarbon and MET Development (MET DEV) have teamed up with Adani Enterprises to develop green hydrogen projects in India.

The company through its subsidiaries has signed a Memorandum of Understanding with Adani Enterprises Ltd (AEL) to explore the development of industrial projects using NextChem and Stamicarbon’s technologies and MET DEV’s project development capabilities and expertise to industrialise green chemistry and circular economy sectors in India, a statement by Maire Tecnimont said.

The projects will be focused on producing chemicals, ammonia and hydrogen from renewable feedstock, it added. AEL is part of the Adani Group, one of the leading players in the infrastructure and energy sectors in India.

AEL is strongly committed to enabling the renewable transition via its 3.2 GW of existing and planned annual solar panel manufacturing capability and incubation of innovative environmentally friendly technologies.

Under the agreement, AEL and Maire Tecnimont Group’s subsidiaries will jointly explore integrated opportunities for the valorisation of the renewable feedstock by utilising NextChem’s and Stamicarbon’s technologies for chemicals, ammonia and green hydrogen applied to the chemicals value chain, the statement said.

Source
financial express
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