Under the agreement, Thermax will have exclusive rights in India for the supply, installation, commissioning, and after-sales services of alkaline electrolyser systems based on HydrogenPro’s technology. The arrangement includes licensing, stack supply, future upgrades, and technical support, and takes effect immediately.
Through a comprehensive technology transfer, Thermax will engineer and manufacture key systems and balance-of-plant components for integration with HydrogenPro stacks. A state-of-the-art test station for short stacks will be established at Thermax’s facility in Pune as an initial step. The two companies will also collaborate on the joint development of advanced solutions tailored to evolving market needs.
Commenting on the partnership, Ashish Bhandari, MD & CEO, Thermax, said: “Our association with HydrogenPro marks an important step in expanding our green hydrogen portfolio. This collaboration enables us to immediately offer market-ready Alkaline technology-based solutions for deployment across industries in India. By combining HydrogenPro’s proven technology with Thermax’s engineering and project execution expertise, we will deliver integrated, localised, state-of-the-art Alkaline Electrolyser solutions with complete lifecycle support. This partnership reinforces our commitment to advancing industrial decarbonisation and supporting India’s energy transition.”
Jarle Dragvik, CEO, HydrogenPro, said: “India, with its strong development in renewable energy is one of the fastest growing hydrogen markets. The partnership with Thermax provides us with an important entry into the country and a solid market foothold. Our goal is to enable the decarbonisation of industry through the use of green hydrogen, particularly in sectors with few or no renewable alternatives to current operational practices. India is striving to decarbonise their industries and modernise power generation, and this closely aligns with our technology. We will jointly develop and deliver comprehensive, integrated solutions that address complex challenges and enable scalable, sustainable energy advancements in India.”
With this collaboration, Thermax will offer end-to-end green hydrogen solutions in India, including electrolyser supply, turnkey EPC project execution, and value-added services.
