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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.

Reporting by Abdul Latheef, OPIS.

Have questions? Find an IHS Markit expert in hydrogen.



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