The world’s largest steelmaker POSCO and ZeroC, a division of Greenko, a provider of renewable energy, struck an agreement to work together to produce green hydrogen and other derivatives of the fuel.
Both businesses claimed in a joint statement that this MoU will help with the goal of making India a centre for green hydrogen.
Anil Kumar Chalamalasetty, CEO and Managing Director at Greenko said: “We are excited to be partnering with POSCO, this pioneering partnership will propel the transformation of India from a carbon-based fossil energy importer to an exporter of Renewable Energy derived products like Green Hydrogen, Green Ammonia and Green Molecules.”
