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Italy’s SNAM ties up with Adani Group and Greenko

Updated: Nov 10, 2020

Greenko and Adani Group have separately tied up with Italy’s Snam S.p.A. for setting up a green hydrogen business.

While Greenko has tied up with Snam for setting up a 50-50 joint venture to develop a “green hydrogen" business in India, the Italian firm has collaborated with the Adani Group to “envisage exploration of the hydrogen value chain in India and global markets, as well as the development of biogas, biomethane, and low-carbon mobility". A non-binding deal was also inked between Snam and Adani Gas to set up a CNG compressors manufacturing unit.

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