Hygenco and Mitsubishi Sign MoU to Develop Green Hydrogen Power Plants

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Hygenco Green Energies and Mitsubishi Power have signed a Memorandum of Understanding (MoU) for producing green hydrogen/ammonia-fired gas turbine combined cycle (GTCC) power plants. The objective of the MoU is to make these integrated solutions available both in India and internationally.

Mitsubishi will receive green fuel from Hygenco and then develop and deploy green hydrogen and green ammonia production assets on a build-own-operate or gas-as-a-service basis to potential customers. The green hydrogen will be scaled up and made commercially viable. Mitsubishi Power is also in the process of developing hydrogen and ammonia firing technologies to decarbonize existing GTCC plants by converting their fuel from natural gas to hydrogen or ammonia.

In June 2024, Hygenco Green Energies and Ameropa had signed a term sheet for the potential supply of green ammonia from Hygenco’s upcoming green ammonia project in India. Similarly, in May 2024, Tata Steel Special Economic Zone Limited (TSSEZL) had signed an MoU with Hygenco for the development of a green hydrogen and green ammonia project.

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