Advait Energy Transitions Signs MoU for Green Hydrogen Plant with Haryana City Gas Distribution

Advait Energy Transitions Limited (AETL), formerly known as Advait Infratech Limited, has taken a significant step towards promoting green energy initiatives by entering into a Memorandum of Understanding (MoU) with Haryana City Gas Distribution (Bhiwadi) Limited. This strategic partnership, signed on 22nd January 2025, is aimed at establishing a 2000 Metric Tonnes Per Annum (MTPA) Green Hydrogen Plant while also supplying 15MW electrolysers and offering a range of operational and advisory services.

Advait’s share price is trading 0.15% higher at ₹1,565 as of 2:44 PM on January 22, 2025.

Key Highlights of the MoU

• Project Scope

The MoU encompasses the construction of a 2000 MTPA Green Hydrogen Plant. Supply of 15MW alkaline-based electrolysers, a critical technology for hydrogen production. Operation and Maintenance (O&M) services will be provided for 1-year post-commissioning.

• Advisory and Consultancy Services

AETL will assist in exploring the feasibility of various hydrogen applications. It will include consultancy services related to Green Ammonia, Carbon Credits, and hydrogen usage across industrial and commercial sectors.

• Turnkey EPC Solutions

The agreement highlights turnkey solutions for the plant, covering engineering, procurement, and construction (EPC) along with the Balance of Plant (BOP) systems.

Strategic Implications

This collaboration reflects AETL’s commitment to sustainability and innovation in renewable energy. By facilitating the development of green hydrogen infrastructure, AETL is positioned to support the global push towards clean energy solutions. The MoU aligns with broader efforts to reduce carbon footprints and explore the viability of hydrogen as a future energy source.

Additional Insights

• Significance of Green Hydrogen:
  Green hydrogen is produced using renewable energy sources, making it a cornerstone in decarbonising industries and achieving global climate goals.
• Potential Applications:
  The hydrogen produced can be utilised in various sectors, including transportation, energy storage, and industrial processes.
• Partnership Goals:
  The MoU underscores the shared vision of AETL and Haryana City Gas Distribution to advance green energy solutions, foster innovation, and achieve mutual sustainability objectives.

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