Greenko arm, John Cockerill ink pact for electrolyser unit

GIC NSE 2.20 % of Singapore, ADIA and Orix Corp backed Greenko has set up a 50:50 joint venture with Belgium’s John Cockerill for setting up a giga factory for electrolysers as part of its green hydrogen and ammonia manufacturing plans, joining the likes of Reliance Industries and Adani Group to set up such large scale facilities.

John Cockerill, among the largest suppliers of high-capacity alkaline electrolyzers, developing 6+MW of such facilities across the globe, have signed an exclusive agreement with Greenko ZeroC (GZC), a subsidiary of Greenko Group, to jointly develop market initiatives for green hydrogen electrolyzers in India for local use and also for exports. Greenko will set up a 1 million tonnes per annum ammonia manufacturing plant for exports that will have a requirement of 2 gigawatts (GW) of electrolysers.