TrueRE - Oriana Power Ltd and US-based Splitwaters are teaming up to target industrial green hydrogen opportunities in India and abroad.
Oriana Power will lead the business development and project execution in the Indian market and provide the electrolyser and all other equipment required for green hydrogen projects, along with EPC (engineering, procurement, and construction) services to clients in #India.
The alkaline electrolyzer and other equipment will be based on Splitwaters’ technology and modular approach. This ‘one-stop-shop’ solution aims to reduce the capital expenditure (CAPEX) of green hydrogen and e-fuel projects by up to 30%, making these sustainable energy solutions more efficient and affordable.
Oriana Power will also work with Splitwaters’ green hydrogen and e-Fuel projects outside India by leveraging its capabilities and market reach to propel the industry forward. Initially, Splitwaters will supply electrolysers and BOP equipment from the US while the two companies are working on setting up an electrolyser and Balance of Plant (BOP) modules factory in India.
Oriana Power is also planning to establish a working demonstration green hydrogen production unit in India. Anirudh Saraswat Chief Business Officer of Oriana Power, said, “We believe in Splitwaters’ technology and modular containerised one-stop-shop solution, and we are excited to work together to offer a significant reduction in CAPEX for Green Hydrogen and e-fuels facilities.”
“This will help our clients reach their Final Investment Decision (FID) quickly and produce green hydrogen at highly competitive prices.”
Deepak Bawa, CEO of Splitwaters, US, said with Oriana Power’s local expertise, EPC capabilities, rich experience, and Splitwaters’ innovative modular approach for green hydrogen and e[1]fuels facilities under one roof, this partnership signifies a groundbreaking advancement.
Osama Fawzy Georgy HENEIN, MBA