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Guofu Hydrogen Energy Wins Local Manufacturing Subsidy Project for PLI in India
Seetao 2024-03-19 15:14
  • This winning bid reflects the technical strength and market competitiveness of both parties
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On March 15th, Guofu Hydrogen Energy and its Indian partner ADVAIT officially signed a strategic cooperation agreement at the Zhangjiagang headquarters, aiming to jointly explore the Indian market and promote in-depth cooperation and development in the hydrogen energy field.

Guofu Hydrogen Energy and ADVAIT Company have achieved significant cooperation results recently, and both parties have successfully won the bid for the 100 MW/year PLI local production and manufacturing subsidy project launched by the Indian government. This important milestone marks the deepening and expansion of the cooperation between the two sides, not only consolidating Guofu Hydrogen's position in the Indian market, but also laying a solid foundation for the future development of hydrogen business in India and a wider region.

According to the agreement, Guofu Hydrogen Energy and ADVAIT will jointly establish a joint venture in India, dedicated to the local production and manufacturing of 100MW/year electrolytic cells. Both parties plan to gradually expand their production capacity to 500MW/year in the future and expand their business scope, covering various products such as hydrogen refueling machine production and hydrogen refueling station integration.

As close partners in the Indian market, Guofu Hydrogen and ADVAIT will work together to promote the rapid development of the hydrogen industry in India and surrounding areas. Within the cooperation framework, ADVAIT promises to purchase no less than 100MW of electrolytic cell parts and related supporting components from Guofu Hydrogen Energy annually, and assemble them locally to meet the needs of local customers in India. Guofu Hydrogen Energy will also fully utilize ADVAIT's market resources and channel advantages to provide strong support for the promotion of its products in the Indian market.

In order to accelerate the display and promotion of Guofu's hydrogen products and technologies in the Indian market, ADVAIT will immediately purchase and build a 1MW demonstration project for electrolytic water hydrogen production in India. The construction of this project will provide strong support for Guofu Hydrogen Energy's layout in the Indian market and promote the rapid development of the hydrogen energy industry. Keywords: overseas engineering, international engineering construction, foreign engineering construction news.

Guofu Hydrogen Energy will continue to maintain a close cooperative relationship with ADVAIT, jointly committed to the progress and development of the hydrogen energy industry. Both sides will work together to deepen their expertise in the Indian market, promoting India's clean energy transformation with high-quality electrolytic cell products and professional services. (This article is from the official website of Jiandao: www.seetao. com. Reproduction without permission is not allowed, otherwise it will be punished. Please indicate Jiandao's website and the original link when reprinting.) Jiandao's mechanical column editor/Zhou Yingwen

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