Reliance Industries (RIL) has announced that Nel Hydrogen Electrolyser AS, a fully-owned subsidiary of Nel ASA, has signed a technology licensing agreement with the conglomerate for electrolyser manufacturing in India.

Under the agreement, RIL will get an exclusive license for Nel’s alkaline electrolysers in India and will enable its manufacturing for captive purposes globally. Thus RIL will get access to Nel’s leading technology platform for manufacturing electrolysers. Both partners will also collaborate on future performance improvements and cost optimisation through research and development (R&D), value engineering, standardisation and modularisation to improve the competitiveness of the alkaline technology platform.

Nel can procure equipment from Reliance for its own projects. Nel will also benefit from a revenue stream in a rapidly growing market. However, Nel will continue to serve the Indian market with technology platforms not covered by the pact.

RIL is building the Dhirubhai Ambani Green Energy Giga Complex in Jamnagar, Gujarat, India. In the complex, spread over 5,000 acres, different giga factories, including an electrolyser manufacturing factory, for the production of green hydrogen will be housed.

Earlier this year, RIL was also allotted 300 MW capacity under the government’s production linked incentive scheme (PLI) for electrolyser manufacturing. RIL has the aspiration to progressively commence transition from grey/blue hydrogen to green hydrogen by 2025, after proving its cost and performance targets.