Thermax signs MoU with HPCL

Thermax and HPCL, have signed a Memorandum of Understanding (MoU) entering into a strategic collaboration with an aim to exchange scientific information,
carry out joint research, and encourage demonstration & deployment in the field of HP AEM electrolysers, CO2 capture solutions, bio-pyrolysis oil processing and other emerging new energy areas.

This collaboration will accelerate the deployment of indigenous, sustainable energy technologies and significantly advance the "Make in India" vision aligned with India’s energy transition and climate objectives.

At 12.33 pm, Thermax was trading at Rs. 2,902.40, up by 3.83%, with a volume of 4923 shares on the BSE.