India, 01st June, 2023: Ohmium International (“Ohmium”), a leading green hydrogen company that designs, manufactures, and deploys advanced Proton Exchange Membrane (PEM) electrolyzers, today announced that its India-based subsidiary has been selected as the PEM electrolyzer partner of NTPC Renewable Energy Limited (REL), the renewable energy subsidiary of NTPC, India’s largest power utility with more than 70 gigawatts (GW) installed generation capacity. The agreement is valid for a period of two years, through to May 2025.
This green hydrogen opportunity is the largest-ever PEM electrolyzer deal in India and one of the largest globally. Ohmium’s patented electrolyzers are expected to be deployed in up to 400 megawatts (MW) of projects across a diverse range of industrial and commercial applications, including ammonia, transportation, and power, among others.
Ohmium’s technology is expected to help NTPC deploy 5 GW of renewable energy for green hydrogen and ammonia production (forming part of NTPC’s ambitious goal to deliver 60 GW of renewable energy capacity by 2032). The company’s interlocking modular electrolyzers provide a dense and dynamic solution that integrates with renewable energy resources and produces green hydrogen at a very competitive cost.
“It is fantastic to partner with NTPC REL as their preferred technology supplier on what is the largest PEM electrolyzer deal in India to date,” said Arne Ballantine, CEO of Ohmium. “I would like to congratulate the organization’s Chairman, Board and CEO for their vision, commitment, and investment in green hydrogen. NTPC has always been the first amongst its peers to adopt innovative clean technologies and the company’s forward-thinking approach will be instrumental in enabling India to deliver on its potential of becoming a green hydrogen powerhouse.”
