Snam and one of India’s largest infrastructure and energy groups, Adani, will explore the hydrogen value chain in India and internationally, as the Italian energy infrastructure company enters the Indian market.
This is the second hydrogen-related announcement to come from Snam this week, with the company announcing just days ago it was collaborating with IVECO and FPT Industrial on hydrogen technology in the transport sector.
Snam will also work with Greenko, one of the largest renewable companies in India, to cooperate in supporting the development of the hydrogen value chain in India.
Through the agreement, the two companies will be able to collaborate on the study of hydrogen production methods from renewables, on the design of hydrogen-ready infrastructure and on potential final applications in both industry and transport, including fuel cell mobility.
Snam said it has also signed a deal with Adani Gas, a joint venture (JV) company of Adani and Total, to establish a compressor manufacturing facility in India, relying on the technology of Cubogas, a Snam4Mobility company.
A jointly controlled JV will be set up between Snam and Adani, and the compressors would be installed in existing refuelling stations, as well as those under development
“The entry into the Indian market is a new milestone in our internationalisation path,” Snam CEO Marco Alverà said.
“Thanks to the partnerships with some of India’s leading players, leveraging our know-how and technologies, we have the opportunity to bring a valuable contribution to a country that is strongly committed to the energy transition and which presents many opportunities.”
“These agreements aim at promoting the growth of green hydrogen in India and other countries to help decarbonise industry and transport and at further developing natural gas and hydrogen mobility in a huge market.”