Nuberg Group's Focus on Green Energy and Hydrogen Technologies
Key Ideas
- Nuberg Group's strong presence in the Indian market is focused on sectors like chemical, steel, hydrocarbon, green hydrogen, and fertilizers.
- The company has successfully delivered India's first hydrogen fuelling station and is actively engaging in green energy projects like Bio-Ethanol and green hydrogen production.
- With over 28 years of experience, Nuberg is venturing into green hydrogen projects by exploring cutting-edge technologies like electrolyzers.
- Nuberg's manufacturing unit, Indian Peroxide Limited (IPL), has doubled its capacity and plans to invest in upcoming projects, expecting substantial growth.
The Nuberg Group, under the direction of Amit Tyagi, is strategically focusing on green energy and hydrogen technologies in alignment with industry trends. The global chemical and petrochemical EPC market is projected to grow, with Nuberg maintaining a strong presence in India. Nuberg's focus spans various sectors such as chemical, steel, hydrocarbon, green hydrogen, and fertilizers. The company has delivered key projects like India's first hydrogen fuelling station and is actively working on green energy initiatives including Bio-Ethanol and green hydrogen production. Leveraging their extensive experience in hydrogen management, Nuberg is exploring advanced technologies like electrolyzers for green hydrogen production. Indian Peroxide Limited (IPL), a subsidiary of Nuberg, has seen significant growth, recently doubling its capacity and eyeing future expansions. The company's revenue performance has been robust, with plans to double turnover in the coming year. Nuberg's optimistic outlook is supported by order bookings worth Rs. 2,000 crore and expectations of good revenue growth. The company is considering increasing its workforce to meet growing demands. FY 2023-24 has been successful for Nuberg, marked by key project completions and international ventures in countries like Czech Republic, Egypt, Saudi Arabia, Turkey, and Indonesia.
Topics
India
Revenue Growth
Manufacturing
Petrochemicals
Chemical Industry
Technology Projects
EPC Market
Manpower Expansion
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