Hero Future Energies, bp, Welspun Corp, Tubacex, Climate Policy Initiative, and Climate Group join IH2A
IH2A to focus on global climate finance, large-scale hydrogen hub development with state governments
NEW DELHI/ MUMBAI, DECEMBER 19, 2022: The India H2 Alliance (“IH2A”) has expanded its membership with the inclusion of Hero Future Energies, bp, Welspun Corp Ltd., Tubacex, Climate Policy Initiative, and Climate Group to its membership base. This takes IH2A’s membership base to fifteen, comprising seven industry members and eight partner organisations, all of whom work closely with the Government of India and state governments to help develop the hydrogen economy and supply chain in India.
IH2A is working on attracting global climate finance, for development of large-scale hydrogen hub development in India, working with Government of India, state governments, global hydrogen players and Indian companies.
Srivatsan Iyer, Global Chief Executive Officer, Hero Future Energies, said, “Commercialising green hydrogen at scale requires partnerships across the value chain. We are very pleased to join the India Hydrogen Alliance and look forward to working with industry players and government enterprises to help them decarbonize quickly. Getting green hydrogen commercialisation right is an important step in the national plans for Net Zero.”
Vipul Mathur, MD & CEO of Welspun Corp Ltd., said, "We are happy to be a part of this collaborative effort towards commercializing Green Hydrogen, which will collectively help us strengthen the endeavour towards a net-zero economy globally. As demand for hydrogen becomes a mainstay worldwide, we are looking forward to being a part of this paradigm shift in the new energy space, while focusing on building a future-ready world."
Jillian Evanko, President and CEO, Chart Industries and Founding Member, IH2A, said, “We welcome the six new members to the India Hydrogen Alliance. This is strong commitment from global and Indian stakeholders to help develop the hydrogen economy in India. We look forward to working together with industry, government of India and the state governments to help commercialise hydrogen and build India’s Net Zero pathway.”
New members Hero Future Energies and bp will join Chart Industries, Reliance Industries Limited (RIL) and JSW Group in the IH2A Steering Group, which is supported by the IH2A Secretariat run by consulting firm FTI Consulting.
The India Hydrogen Alliance is an industry-led coalition of global and Indian companies committed to creation of a hydrogen value-chain and economy. IH2A works with private sector partners, the government and public to help build the hydrogen economy in India through industry and public-private collaborations.
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