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Transactions - JUNE 2, 2023

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Ohmium, NTPC sign largest PEM electrolyzer deal in India

by Kali Persall

Ohmium International, a green hydrogen company that designs, manufactures and deploys advanced Proton Exchange Membrane (PEM) electrolyzers, has signed the largest PEM electrolyzer deal in India.

Ohmium’s India-based subsidiary has been selected as the PEM electrolyzer partner of NTPC Renewable Energy Ltd. (REL), the renewable energy subsidiary of NTPC — India’s largest power utility. Ohmium’s electrolyzers are expected to be deployed in up to 400 megawatts of projects across a diverse range of industrial and commercial applications, including ammonia, transportation and power.

Ohmium’s technology help NTPC deploy 5 gigawatts of renewable energy for green hydrogen and ammonia production, in line with NTPC’s goal to deliver 60 gigawatts of renewable-energy capacity by 2032.

The agreement is valid for a period of two years, ending May 2025.

“It is fantastic to partner with NTPC REL as their preferred technology supplier on what is the largest

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