The IH2A Increased its Alliance’s Membership to 22 Across the Hydrogen Value Chain

The India H2 Alliance (IH2A) recently grew its network with the addition of seven new industry members, broadening its representation across the hydrogen value chain. The new entrants include Torrent Power, Synergen Projects, Godawari Power and Ispat, Technip Energies, HSBC Bank, Bureau Veritas, and Newtrace, bringing the alliance's total membership to 22. These members span a range of sectors, from technical agencies to global investors, all collaborating to advance the hydrogen economy in India.

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This expansion aligns with IH2A's submission of significant reports, including the USD 5 billion National Green Hydrogen Hub Economic Viability and Development Plan and the USD 50 billion Hydrogen Equipment and Exports Report. The alliance is engaging with state governments to initiate sizeable green hydrogen projects in India, with the cooperation of the private sector.

Key figures from the new member organizations have expressed their commitment to this initiative. Sanjeev Shah from Synergen Projects is eager to lead green hydrogen projects in India through IH2A. Nisarg Shah of Torrent Power highlights the role of green hydrogen in reducing emissions in challenging sectors. Abhishek Agrawal of Godawari Power and Ispat Limited is keen on leveraging this collaboration to hasten decarbonization in India's metals and steel industry.

Jillian Evanko, Chart Industries' President and CEO and a founding member of IH2A, warmly welcomed the new members. She stressed the need for government support in policy clarity and incentives to encourage investments and local manufacturing in green hydrogen. These new members will be part of the IH2A Steering Group, with operational support from the IH2A Secretariat, managed by FTI Consulting.

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According to the article by Procurement Resource, the India H2 Alliance expanded to 22 members, adding firms like Torrent Power and HSBC, to strengthen India's hydrogen economy. Focused on large-scale green hydrogen projects, the alliance aims to decarbonize sectors like metals and steel, emphasizing the need for supportive government policies and investments in sustainable energy.