Siemens Limited signed a Memorandum of Understanding with NTPC Limited, India’s largest
power utility, to identify, evaluate and set up reference use cases of hydrogen sector-coupling
for various upstream and downstream applications. The collaboration is aimed at developing
innovative technologies, solutions and techniques to reduce the dependence on Hydrocarbons
Siemens Limited signed a separate MoU with TERI for collaboration on technologies to
support the energy transition in India including sector-coupling. Among the objectives of the
MoU with TERI is realizing the research and technology development projects to enable
energy transitions across the electricity, transport and industrial sectors.
“One of the most important challenges today is the decarbonization of the global ecosystem.
We take great pride in collaborating with NTPC and TERI as we believe technology will be a
key contributor towards creating a carbon neutral society in India. This is also a huge step
towards the sustainable development of existing and future power systems enabling efficiency,
flexibility and sustainability,” said Sunil Mathur, Managing Director and Chief Executive Officer,