Joint Venture30 Jan 2026, 02:12 pm
HPCL and Thermax Collaborate for Clean and New Energy Technologies
AI Summary
Hindustan Petroleum Corporation Limited (HPCL) and Thermax Limited (Thermax) have signed a Memorandum of Understanding (MoU) at India Energy Week (IEW) 2026 in Goa. The collaboration aims to jointly develop and commercialize emerging technologies, including HP AEM Electrolyzers, CO2 capture solutions, and bio-pyrolysis oil processing. The partnership aims to deliver scalable and indigenous energy solutions, reinforcing both organizations' commitment to 'Make in India' and supporting India's energy transition through sustainable, low-carbon technologies.
Key Highlights
- HPCL and Thermax sign MoU for clean and new energy technologies
- Collaboration to focus on joint development and commercialization of emerging technologies
- Partnership aims to deliver scalable and indigenous energy solutions
- MoU reinforces commitment to 'Make in India'
- Collaboration supports India's energy transition through sustainable, low-carbon technologies