New Delhi: Greenfuel Energy Solutions, a leading provider of clean mobility solutions, has partnered with Ventrex, a global leader in electronic pressure regulating for compressed natural gas, LNG and H2, for the supply of hydrogen solutions and advanced natural gas in India.
The company said Greenfuel controls more than 35% of the market share in the CNG components space.
Ventrex is based in Graz, Steiermark, Austria, and has partners working in Slovenia, China and India selling its products worldwide. The company is looking to expand and supply advanced natural gas and green hydrogen solutions to the Indian market. Key to a low-carbon future, Natural gas and hydrogen, offers a fast and cost-effective way to fulfill emissions legislation requirements, including decarbonizing road transport and air quality improvement in cities. They combust virtually particle-free and allows for completely carbon neutral mobility when generated from renewable sources.
Ashok Chaudhary, President, Greenfuel Energy Solutions, said: “We are excited to partner with a global leader such as Ventrex. By combining our experience and resources, we can confidently serve our Indian customers with the best quality clean mobility solutions. Today, Ventrex is the expert and first port of call for the development and production of H2 valves and electronic pressure regulators for the heavy duty segment. Along with our combined advanced technologies, we aim to reduce our carbon footprint and disrupt the Indian clean mobility solutions market."
Ventrex is a global leader in automotive valve solutions, designing and producing multiple types of valves and electronic pressure regulators for alternative powertrain systems and cooling circuits. With more than 800,000 electronic pressure regulators sold to European and Asian customers and based on its deep expertise and many years of serial production experience in the field of electronic pressure regulators for CNG and LNG, the company successfully began transferring this technology to the even more environmentally friendly hydrogen applications.
On the potential of the CNG and H2 components market, Patrick Pfeiffer, Head of Sales at Ventrex, said: “We continue to believe that CNG, and now H2 as well, are valuable technologies that support of a greener future. That's why we in Europe continue to push these technologies into the heavy-duty segments, where most of the vehicles are diesel. In India the situation is different. Apart from the heavy duty segment,we see great potential also with passenger cars. After more than two years of discussions, we believe that Greenfuel, an established name in the CNG market, is the right partner to introduce our products to the Indian market. During this visit, we discussed how we can accelerate the transition to emission free mobility in India together."
Greenfuel is dedicated to providing solutions that meet the goals of exponential technological advancement, development, and growth, while being committed to a vision of a sustainable and green future. An established name in the CNG market, Greenfuel is one of the largest suppliers of automotive components to OEMs of Alternative Gas Vehicles across India. Now with a vision to empower India’s e-Mobility drive, Greenfuel has also indigenously developed world-class lithium-ion battery packs, tested for rigorous Indian conditions while meeting the most meticulous standards of the global market, the company said.