Loyal Equipments Ltd Partners with F2N Green Hydrogen for Green Technology Expansion in India
Key Ideas
  • Loyal Equipments Ltd and F2N Green Hydrogen Srl have signed a non-binding MoU for collaboration in green hydrogen technology and market development in India.
  • F2N Green Hydrogen will provide technical consultancy, while Loyal Equipments will focus on market development and potential local manufacturing.
  • The partnership aims to target key market segments like green hydrogen for refineries, steel plants, mobility, and renewable energy storage.
  • Loyal Equipments will handle project execution, engineering, procurement, integration, and after-sales support, with a joint customer engagement strategy in place.
Loyal Equipments Limited has recently announced a strategic partnership with F2N Green Hydrogen Srl, an Italian company, through a non-binding Memorandum of Understanding (MoU) dated 25th April 2025. The collaboration is focused on advancing green hydrogen technology and market expansion in India. F2N Green Hydrogen will offer technical consultancy support, while Loyal Equipments Limited will drive market development activities and explore the possibility of local manufacturing in the country. The partnership's primary goal is to enhance green hydrogen adoption in various sectors, including refineries, steel plants, mobility solutions, and renewable energy storage. Loyal Equipments will take charge of turnkey project orders in India by incorporating F2N's electrolyser systems. Additionally, F2N will assist Loyal in creating commercial documentation, product presentations, and essential technical inputs for pre-sales and initial project discussions. Loyal Equipments will lead the end-to-end project execution process, which encompasses engineering, procurement, fabrication, integration, and post-sales support. Both companies plan to implement a joint customer engagement approach during the initial phase, with F2N actively participating in critical technical and commercial conversations. Over the next 12-18 months, Loyal Equipments and F2N Green Hydrogen will evaluate market response and the development of their project pipeline. Depending on the success of order acquisition and project feasibility, they will consider transitioning to local manufacturing in India using F2N's unique technology and design. The stock performance of Loyal Equipments Ltd on the Bombay Stock Exchange (BSE) following this announcement showed fluctuations, with the shares trading at Rs. 219.85. Throughout the trading day, the stock experienced an intraday high of Rs. 225.70 and a low of Rs. 215.70, with a total turnover of Rs. 878790.00. The partnership between Loyal Equipments and F2N Green Hydrogen signifies a positive step towards sustainable green technology development and market growth in India.
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