By ICN GroupGas, July 01, 2020
The German Rostock-based engineering and cleantech company Apex Energy inaugurated the 2 MW zero-carbon hydrogen production platform equipped by McPhy.
Sales declined 7.53% to Rs 388.90 crore in the quarter.
This decline in throughput was due to partial and full shutdown of a number of industries, refineries, power plants etc. which reduced their off-take of natural gas as the demand of their respective products decreased.
Through the partnership, the two companies will jointly support and develop Carbon Capture Utilisation and Storage (CCUS) projects on a build-own-operate model.
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