Advait Greenergy has signed three MoUs with global and domestic partners Cenmat, Power to Hydrogen Inc. (P2H2), Jesco Projects, and VJ Industries to accelerate the development of green hydrogen infrastructure, electrolyser systems, and hydrogen storage solutions in India.
Counterparts (5)
Partner
VJ Industries
company
VJ Industries is an Indian infrastructure development and construction company with over three decades of experience. They specialize in executing large-scale civil engineering projects across sectors such as roads, irrigation, buildings, and water supply, primarily serving government and public sector clients. Their strategy focuses on delivering high-quality infrastructure solutions through comprehensive EPC capabilities.
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Power to Hydrogen Inc. (P2H2)
company
Power to Hydrogen Inc. (P2H2) is a technology company focused on developing and commercializing advanced anion exchange membrane (AEM) electrolyzers for efficient and affordable green hydrogen production. Their strategy involves securing government funding for research, development, and scaling manufacturing to accelerate the adoption of green hydrogen.
J
Jesco Projects
company
Jesco Projects (Pvt) Ltd. is a Pakistani engineering, procurement, and construction (EPC) contractor and project management company. They specialize in delivering comprehensive solutions for large-scale infrastructure, civil, mechanical, electrical, and plumbing (MEP) projects, primarily focusing on urban development and building construction.
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Advait Greenergy
company
Advait Greenergy is an Indian renewable energy developer specializing in the development, commissioning, and operation of solar and wind power projects. The company focuses on contributing to India's clean energy transition by providing sustainable energy solutions across various scales.
C
Cenmat
company
Cenmat Co., Ltd. is a South Korean company established in 2002, specializing in the development and supply of advanced ceramic materials. Their high-performance products are utilized across various high-tech industries, including semiconductors, displays, LEDs, and solar cells, contributing indirectly to infrastructure development through component supply.
Deal Analysis
Advait Greenergy has announced the signing of three Memoranda of Understanding (MoUs) with a consortium of global and domestic partners—Cenmat, Power to Hydrogen Inc. (P2H2), Jesco Projects, and VJ Industries—to significantly advance green hydrogen infrastructure, electrolyser systems, and hydrogen storage solutions within India. This strategic partnership underscores a concerted effort to accelerate the foundational elements required for a robust green hydrogen ecosystem in the country. The deal, a partnership type, is currently announced and focuses on critical technology and sector development without disclosed capacity or project stage details, highlighting an early-stage commitment to building out this nascent industry.
The notable aspects of this deal include the comprehensive scope of collaboration, encompassing infrastructure, electrolyser deployment, and storage, which are all essential components for a viable green hydrogen value chain. The involvement of multiple partners, both global and domestic, suggests a diversified approach to leveraging expertise and resources for this complex undertaking. While specific financial values and project timelines remain undisclosed, typical for MoUs, the collective intent signals a significant push towards establishing India's position in the global green hydrogen landscape. This collaboration is a key step in operationalizing the broader strategic vision for green hydrogen adoption in the region.
- Multi-party partnership involving global and domestic entities.
- Comprehensive scope covering green hydrogen infrastructure, electrolysers, and storage.
- Early-stage commitment via MoUs, signaling foundational development.
- Focus on accelerating India's green hydrogen ecosystem.
Source Intelligence
KEY DETAILS
The MoUs bring together complementary capabilities across electrolyser technology, EPC execution, hydrogen storage systems, and project development frameworks. Quote: “The MoUs have been signed with Cenmat, Power to Hydrogen Inc. (P2H2), along with Jesco Projects, and VJ Industries, bringing together complementary capabilities across electrolyser technology, EPC execution, hydrogen storage systems, and project development frameworks,” said the Indian company.
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Location
Advait Greenergy has signed three MoUs with global and domestic partners to accelerate the development of green hydrogen infrastructure, the deployment of electrolyser systems, and hydrogen storage solutions in India.
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Announcement
March 3, 2026
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Signing
Advait Greenergy has signed three MoUs
PARTIES MENTIONED IN SOURCE
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Advait Greenergy
developer
"Advait Greenergy has signed three MoUs with global and domestic partners to accelerate the development of green hydrogen infrastructure, the deployment of electrolyser systems, and hydrogen storage solutions in India."
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Cenmat
technology provider
"The MoUs have been signed with Cenmat... Cenmat is a Switzerland-based Proton Exchange Membrane (PEM) and Anion Exchange Membrane (AEM) electrolyser technology provider"
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Power to Hydrogen Inc. (P2H2)
technology developer
"Power to Hydrogen Inc. (P2H2), is a US-based developer of proprietary AEM electrolyser technology"
J
Jesco Projects
market development/customer engagement
"Jesco Projects will support market development and customer engagement in India."
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VJ Industries
hydrogen storage/industrial gas solutions specialist
"VJ Industries is an Indian specialist in hydrogen storage systems and industrial gas solutions."
high quality
Enriched Mar 4, 2026
Global Infrastructure Sherpa