Mumbal: Technip Energies, a French provider of enginee ring and technology services to the energy industry is ope hing a research and develop iment centre in India besides expanding its workforce in the country which it sees at the fo refront of the global shift to wards green hydrogen.
India is the country where we are signing the largest pro jects around green hydrogen and green ammonia. It is thege India is the country where we are signing the largest projects around green hydrogen and green ammonia. It is the geography and the country where, for us, green ammonia and green hydrogen are taking off ARNAUD PIETON CEO, Technip Energies ography and the country whe re, for us, green ammonia and green hydrogen are taking off, said Arnaud Pieton, chief ex ecutive officer Technip Energi es. “So, we see India clearly as being on the forefront of the green hydrogen economy”
Technip Energies, which has been operational in India for about five decades, said it has accelerated investments in the country in the past four years. He declined to elabora te. During the period, the com pany doubled its workforce. It is now considering adding 500-1,000 employees to the cur rent 4,600-strong employee base in India in the next year “We are also investing in set-ting up a research and innova tion centre at the Indian Insti tute of Technology Madras, Re-search Park. It adds to Technip Energies three labs across Eu-rope and the US,” said Pieton, adding that the company is fo cused on energy transition and decarbonisation.
Technip Energies India ma nages and handles contracts of $500 million to $1 billion. India contributes 15% to the group’s global annual intake and te ams in India are involved in all major international projects. The company sees sustainab leaviation fuel (SAF) as an equ al source of opportunity for growth in India as the country has ample feedstock and the ability to produce ethanol from multiple bio-sources.
