Navi Mumbai (Maharashtra) [India], January 25 (ANI/PNN): KPF Green Hydrogen and Ammonia Technology Private Limited Group and Greenstat Hydrogen India Private Limited have signed a Memorandum of Understanding (MoU) today for collaboration on various “Green Hydrogen & Ammonia” projects. The MoU aims at building a closer strategic partnership between the two companies by jointly exploring business opportunities in Green Hydrogen & Ammonia. The MoU was signed between Faruk Patel (Chairman – KP Group) and Sturle Pedersen (Chairman of the Board – Greenstat Hydrogen India PVT LTD).

Under this partnership, the companies will develop green Hydrogen & Ammonia solutions, to provide a long-term supply of Green Hydrogen/Ammonia to industrial and commercial customers in India. An initial pilot project will be launched in Gujarat.

This partnership supports the National Hydrogen Mission to achieve India’s Climate targets & making India a Green Hydrogen Hub. There were other dignitaries present at the occasion including the Chairman and Managing Director of KP Group Faruk Patel and Sturle Pedersen (Chairman of the Board – Greenstat Hydrogen India PVT LTD).