Three months after teaming up, Greenko Group and Belgium’s John Cockerill has finalised the terms of a 50:50 joint venture to set up a two akaline electrolyzer factories of a gigawatt each in India over the next 12 to 18 months to make the lowest cost hydrogen in the country for industrial users. The facility, likely to come up on the east coast with a planned $500 million investment, as per people in the know, will be one of the world’s largest, and the largest till date outside of China.