Drillmec to invest 35 million Euros in energy transition
NEW DELHI: Drillmec, a Piacenza-based company in the Oil and Gas sector, part of Indian infrastructure giant MEIL group, informed on Friday that its board has approved the investment plan for over 35 million euros in energy transition.
The company, jointly with the Indian parent company MEIL, will produce hydrogen through the most advanced technologies available such as electrolysis, pyrolysis, and the design and construction of CO2 capture and storage systems.
