Adani partners with Maire Tecnimont for green hydrogen projects
POWER & RENEWABLE ENERGY

Adani partners with Maire Tecnimont for green hydrogen projects

Indian multinational conglomerate Adani Enterprises Ltd (AEL) has entered an agreement with Italian firm Maire Tecnimont's subsidiaries NextChem, Stamicarbon, and MET Development (MET DEV) to develop green hydrogen projects in India.

The company, through its subsidiaries, has signed a memorandum of understanding (MoU) with Adani Enterprises Ltd (AEL) to explore the development of industrial projects using NextChem’s, 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.

According to Maire Tecnimont, the projects will be focused on producing chemicals, ammonia and hydrogen from renewable feedstock.

Green Hydrogen is generated from renewable energy sources like solar and wind energy. It is produced from electrolysis powered by renewable electricity.

As part of the agreement, Maire Tecnimont Group's subsidiaries and AEL will 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.

Maire Tecnimont Group will bring technological solutions and the best know-how for project development and execution, relying on its large presence in India with over 2,200 engineers and approximately 3,000 electrical and instrumentation professionals in Mumbai, combined with its portfolio of technologies as well as its capabilities as an end-to-end developer of large-scale complex projects.

The Italian firm, listed on the Milan Stock Exchange, heads an industrial group that leads the global natural resource conversion market (downstream oil and gas plant engineering, with technological and executive expertise).

Its subsidiary NextChem operates in the field of green chemicals and technologies in support of the energy transition. The Maire Tecnimont Group operates in approximately 45 countries, though about 50 operative companies.

Image Source


Also read: Green hydrogen facility to come up in Tamil Nadu

Also read: Mitsubishi invests in clean hydrogen tech co

Indian multinational conglomerate Adani Enterprises Ltd (AEL) has entered an agreement with Italian firm Maire Tecnimont's subsidiaries NextChem, Stamicarbon, and MET Development (MET DEV) to develop green hydrogen projects in India. The company, through its subsidiaries, has signed a memorandum of understanding (MoU) with Adani Enterprises Ltd (AEL) to explore the development of industrial projects using NextChem’s, 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. According to Maire Tecnimont, the projects will be focused on producing chemicals, ammonia and hydrogen from renewable feedstock. Green Hydrogen is generated from renewable energy sources like solar and wind energy. It is produced from electrolysis powered by renewable electricity. As part of the agreement, Maire Tecnimont Group's subsidiaries and AEL will 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. Maire Tecnimont Group will bring technological solutions and the best know-how for project development and execution, relying on its large presence in India with over 2,200 engineers and approximately 3,000 electrical and instrumentation professionals in Mumbai, combined with its portfolio of technologies as well as its capabilities as an end-to-end developer of large-scale complex projects. The Italian firm, listed on the Milan Stock Exchange, heads an industrial group that leads the global natural resource conversion market (downstream oil and gas plant engineering, with technological and executive expertise). Its subsidiary NextChem operates in the field of green chemicals and technologies in support of the energy transition. The Maire Tecnimont Group operates in approximately 45 countries, though about 50 operative companies. Image Source Also read: Green hydrogen facility to come up in Tamil Nadu Also read: Mitsubishi invests in clean hydrogen tech co

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement