Ohmium International, a prominent player in the green hydrogen sector, has been chosen as the Proton Exchange Membrane (PEM) electrolyzer partner for NTPC Renewable Energy Limited (REL), the renewable energy subsidiary of NTPC, India's largest power utility with a staggering installed generation capacity of over 70 gigawatts (GW). This partnership marks the largest-ever PEM electrolyzer deal in India and stands among the largest globally. The agreement is set to span two years, concluding in May 2025.
Ohmium's innovative and patented electrolyzers, known for their interlocking modular design, will be deployed across a diverse range of industrial and commercial applications, including ammonia, transportation, and power. The company's cutting-edge technology is expected to aid NTPC in achieving its ambitious goal of deploying 5 GW of renewable energy capacity for green hydrogen and ammonia production, forming a significant part of NTPC's broader target of delivering 60 GW of renewable energy capacity by 2032. Ohmium's electrolyzers offer a dense and dynamic solution that seamlessly integrates with renewable energy resources, ensuring the production of green hydrogen at a highly competitive cost.
Arne Ballantine, CEO of Ohmium, expressed enthusiasm about partnering with NTPC REL, highlighting the significance of this collaboration as the largest PEM electrolyzer deal in India to date. He commended the vision, commitment, and investment in green hydrogen demonstrated by NTPC's Chairman, Board, and CEO. NTPC has consistently pioneered the adoption of innovative clean technologies, and their forward-thinking approach will play a pivotal role in positioning India as a formidable green hydrogen powerhouse.
With this partnership, Ohmium and NTPC REL are poised to contribute significantly to India's decarbonization efforts and renewable energy goals. The deployment of Ohmium's advanced green hydrogen technology in large-scale projects will not only drive the transition to cleaner energy but also propel India's position in the global green hydrogen landscape.