Confidence Petroleum India launches green hydrogen cylinders
Confidence Petroleum India ventured into the green hydrogen market by launching green hydrogen cylinders.
The Green hydrogen Type 4 cylinders will be manufactured by its subsidiary Silversky Exim.
The company that operates in the LPG and CNG industry, claims that the designs will optimise storage efficiency and be a step in enhancing the overall reliability of hydrogen based solutions.
"This strategic move aligns with our core values and commitment to environmental stewardship," said Nitin Khara, Chairman and Managing Director, Confidence Group.
Type 4 cylinders are made primarily from carbon composite with polymer liner, and are 70% lighter as compared to Type 1 metal cylinders, the press release noted.
They are corrosion-resistant and transport three times more gas as compared to Type 1 metal cylinders.
RELATED ARTICLES
Gensol Engineering Announces Resignation of Two Key Board Members
Managing Director Anmol Singh Jaggi and Whole-time Director Puneet Singh Jaggi step down from their positions effective ...
Greaves Cotton Issues ₹40 Crore Corporate Guarantee for Subsidiary GEML's Loan from Tata Capital
Greaves Cotton Limited has extended a ₹40 crore corporate guarantee to Tata Capital, securing a two-year term loan avail...
Ather Energy Posts ₹812.3 Crore Loss in FY25 Despite Higher Revenues
The electric two-wheeler firm’s annual revenue rose by nearly 29% to ₹2,255 crore, but rising input costs and operationa...