Kalpataru Projects International Expanding into Green Hydrogen and Nuclear Power Sectors
Key Ideas
  • Kalpataru Projects International, a leading Indian firm, aims to diversify by manufacturing green hydrogen electrolysers and expanding into nuclear projects.
  • The company plans to form a joint venture or partner with a foreign entity to enter the electrolyser manufacturing sector, leveraging its existing gigafactories.
  • With a focus on energy transition, the firm is keen on exploring opportunities in hydrogen and nuclear power, aligning with future market trends and demands.
  • By broadening its portfolio to include nuclear projects and monitoring developments in the energy sector, the company demonstrates a strategic approach to growth.
Kalpataru Projects International, formerly known as Kalpataru Power Transmission, is strategizing to diversify its product lines by exploring the manufacturing of green hydrogen electrolysers. The company, a major player in India's engineering and construction sector, is looking to expand its EPC services into new sectors with a specific interest in the energy transition landscape, including hydrogen and nuclear power. To support its entry into electrolyser manufacturing, the company is contemplating partnerships or joint ventures with foreign entities, utilizing its existing gigafactories in Raipur and Gandhinagar. Additionally, Kalpataru Projects International is keeping a close watch on nuclear energy developments and plans to extend its EPC offerings to include nuclear projects. This strategic move is in response to anticipated market demands and signals the company's commitment to staying at the forefront of the evolving energy sector by embracing green technologies and exploring new opportunities for growth.
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