FTI and TERI Partner on Hydrogen Research, RE in India

FTI Consulting and TERI have signed a policy and economic research partnership focussing on the hydrogen economy, carbon capture and RE in India.

FTI Consulting and The Energy and Resources Institute (TERI) have announced a policy and economic research partnership focussing on the hydrogen economy, carbon capture and renewable energy (RE) in India.

The joint partnership agreement covers policy and research initiatives for the development of a hydrogen-based economy in India, development of fuel-cell manufacturing and policy ecosystem, development of carbon capture systems and new and emerging areas in renewable energy. The two firms will undertake policy and economic research, leveraging TERI’s team of energy experts and FTI Consulting’s Global Clean Energy team, to create a hydrogen economy policy roadmap in India.

FTI Consulting, Inc. is a global business advisory firm dedicated to helping organisations manage change, mitigate risk and resolve disputes: financial, legal, operational, political & regulatory, reputational and transactional.

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Amrit Singh Deo, Senior MD at FTI said, “we look forward to working with TERI, one of India’s leading energy think tanks, to develop an India Hydrogen Economy Roadmap, leveraging our global clean energy expertise. We are committed to bringing global policy and research best practices to India and work in close partnership with sector experts to solve complex problems.”

Girish Sethi, Senior Director, Energy Programme, TERI said, “TERI looks forward to this partnership with FTI Consulting for research, development and deployment of low carbon technologies along with hydrogen technologies. We are delighted to be partnering with a global consulting player to build expertise in these specialist areas of new energy.”

The partnership will be led by Akshay Bhardwaj from FTI Consulting and William Hall from TERI.

Bhardwaj, a Director in the Strategic Communications at FTI Consulting, believes that India’s Hydrogen Roadmap could provide the critical link between conventional energy sources, the gas economy and renewable energy through the deployment of grey, blue and green hydrogen plays. It is critical for India to build a green industrial policy and a sustainable energy roadmap.

“Given its advantages as a clean fuel, India should work towards making hydrogen economically viable in order to compete with other conventional fuels. Through this partnership, FTI Consulting & TERI will be undertaking research to demonstrate the viability of hydrogen as a sustainable solution for India’s energy,” said Will Hall, Associate Fellow, TERI.