Oriana Power has unveiled plans to construct a gigawatt-scale plant in India dedicated to producing alkaline electrolysers and Balance of Plant (BOP) modules.
The project is set to be rolled out in two phases, with the first phase targeting an annual capacity of 500 megawatts (MW) by 2026. This strategic move, in partnership with US-based Splitwaters, aims to leverage advanced electrolysis technology to bolster green hydrogen and e-fuel production.
Oriana Power’s partnership with Splitwaters is central to this initiative. Splitwaters, known for its advanced alkaline electrolysers and BOP equipment, brings a one-stop-shop model to the table. This collaboration is expected to address some of the significant challenges in the green hydrogen market, notably the high capital costs and extended lead times typically associated with hydrogen production projects. However, the effectiveness of this collaboration remains to be seen, particularly in comparison to established industry benchmarks and competitors.
The role of BOP systems in this project is to manage essential functions such as water supply, gas separation, and purification, thereby ensuring the optimal performance and reliability of the electrolysers. The effectiveness of these systems will be a critical factor in the overall success of the plant. While Oriana Power’s reliance on Splitwaters’ technology promises enhanced efficiency, it will be crucial to monitor how these systems perform in real-world conditions and whether they can meet the high standards set by leading industry players.
Oriana Power’s vision extends beyond India, with plans to develop green hydrogen and e-fuel projects in the UK and Europe in collaboration with Splitwaters. The company anticipates that the benefits from the green hydrogen and e-fuels business will start reflecting in their financials by the next fiscal year, with significant revenue contributions expected by 2027. While this forecast is optimistic, it remains speculative until the plant’s operations begin and its performance can be assessed against global industry standards.