– The HS Portfolio

Deep Dive into Green Hydrogen Theme

Hydrogen as theme, it would be better to look at pipelines, hydrogen storage and maybe a few of processor companies. No point buying RIL or any of the large caps as even at peak Hydrogen will form small percentage of revenue.

InoxCVA, Confi petro and time techno are involved or contemplating hydrogen storage.

Both Gail and NTPC have awarded contracts to Ohmium and Technip Energies(listed in France) for the Proton Excgange Membrane.
pib.gov.in/PressReleaseIframePage.aspx?PRID=1824727

Technip Energies Awarded India’s Largest PEM Based Hydrogen Project by NTPC | Business Wire

Read below for more understanding, We have two options. Proton Excgange Membrane and Anion Exchange Membrane. Corrsponding advantages and disadvantages mentioned below.

Proton Exchange Membranes Versus Anion Exchange Membranes – Alkaline Anion Exchange Membranes for Fuel Cells – Wiley Online Library

Major Manufacturers of PEM in India(both scale and pilot plants i have added).

Ohmium : 500 MW to be scaled to 2 GW( American firm launches 2 GW electrolyzer fab in India – pv magazine India (pv-magazine-india.com)
Cummins: cummins-hydrogen-generation-brochure-20210603.pdf .
Reliance Electrolyser Manufacturing Limited: 300 MW
John Cockerill Greenko Hydrogen Solutions Private Limited: 300 MW
Advait Infratech Limited (consortium with Rajesh Power Service Private Limited): 100 MW
Jindal India Limited: 300 MW
L&T Electrolysers Limited: 300 MW
Homihydrogen Private Limited: 100 MW
Adani New Industries Limited: 300 MW

and Abroad