Tiger Logistics partners with H2 Invest for liquid hydrogen Infra
Both companies will work to introduce advanced cryogenic tanks for storing and moving liquid hydrogen.
Homegrown logistics firm Tiger Logistics has signed a Memorandum of Understanding (MoU) with Russia’s H2 Invest, a hydrogen technology specialist, to develop a comprehensive transportation and storage infrastructure for liquid hydrogen in India.
In an exchange filing on 13 October, the company announced that the collaboration will establish a joint venture (JV) to facilitate the multimodal transport of liquid hydrogen across the country by truck, rail, and container ships.
Under the agreement, Tiger Logistics and H2 Invest will work to introduce advanced cryogenic tanks for storing and moving liquid hydrogen, integrating H2 Invest’s proprietary CryoSafe container technology into India’s rapidly emerging hydrogen value chain.
The scope of the JV extends beyond logistics to include potential technology transfer, local manufacturing of cryogenic systems, and the joint implementation of large-scale industrial and infrastructural projects in the new energy sector.
The partnership aims to create a robust technology and manufacturing platform to support hydrogen logistics for both domestic and international markets.
The share price of Tiger Logistics was down by 1.17% to close at ₹43.21 on 14 October.
