A Memorandum of Understanding (MoU) has been signed by Fortescue Future Industries (FFI), an Australian green energy and green technology company, and Thermax Limited, a leading provider of energy and environmental solutions, to investigate green hydrogen projects, including new manufacturing facilities, in India.

Thermax and FFI want to investigate prospects to collaboratively create fully integrated green hydrogen projects for commercial and industrial customers in India. This is in accordance with the Agreement.