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Chart Industries, Reliance Industries to build hydrogen supply chain in India
06 April 2021
US hydrogen equipment manufacturer Chart Industries and India's
Reliance Industries announced on 6 April they will team up to
create the India H2 Alliance to commercialize hydrogen technology
and develop a supply chain in collaboration with other
private-sector partners and the Indian government.
Over the next decade, the companies will develop a national
hydrogen policy and roadmap, identify demonstration projects,
launch an Indian hydrogen fund, and "create capacity, covering
production, storage, and distribution of hydrogen."
The India H2 Alliance was Chart's second hydrogen announcement
in the last week, as it said it has become a "cornerstone investor"
in the FiveT Hydrogen Fund, along with hydrogen fuel cell maker
Plug Power and oilfield services firm Baker Hughes. "Dedicated to
delivering clean hydrogen projects at scale," the companies will
invest €260 million ($307 million) in the fund, and they are
seeking other investors to raise a total of €1 billion ($1.18
billion).
Chart's partnership with Reliance, one of India's biggest
corporations with interests in petrochemicals, telecommunications,
textiles, and entertainment, will act on the momentum generated in
February 2021 when India's government proposed a "Hydrogen Energy Mission" in
2021-22 for generating hydrogen from green (no-emissions) power
sources.
Virtually all the hydrogen consumed in India today is gray
hydrogen, produced from natural gas, which emits about 9 mt of
carbon dioxide (CO2) per mt, according to Chart, but its focus with
Reliance will be on blue hydrogen (CO2 emissions are captured or
offset) and green hydrogen.
"Through the India H2 Alliance, we will bring best-in-class
hydrogen technology, equipment, and know-how to create a hydrogen
supply chain in India," said Jillian Evanko, CEO of Chart
Industries. "By prioritizing national hydrogen demonstration
projects, innovations to further reduce the cost of hydrogen will
become prominent, locally."
Anurag Pandey, research and development team lead at Reliance
Industries, said in a statement that India needs to identify and
execute large-scale hydrogen demonstration projects if it wants to
be part of the global supply chain for hydrogen.
Indian Oil Company is engaged
in hydrogen research and product development, according to Chairman
Shrikant Madhav Vaidya, who spoke at the CERAWeek by IHS Markit
conference in early March. The company has developed a product
known as "XCNG," a form of hydrogen compressed natural gas, and
trial use in transportation is underway in New Delhi, he said.
In the US, Chart became one of the 11 founding members of Hydrogen Forward in February. "The coalition
brings together companies invested in all links of the hydrogen
value chain from source to service with a common goal of realizing
hydrogen's potential to power our daily lives and decarbonize
energy intensive industries, such as transportation and mining,"
the group said.
