Greenfuel Energy Solutions, a clean mobility solutions provider, has partnered with Ventrex, an electronic pressure regulation company for CNG, LNG, and H2, to supply advanced natural gas and green hydrogen solutions to the Indian market.
Currently, Greenfuel is a prominent player in the alternative gas fuel system (CNG/LNG/H2) and controls over 35 per cent market share in the CNG components space.
Ashok Chaudhary, President of Greenfuel Energy Solutions, said: “Today, Ventrex is the expert and the first port of call for developing and producing H2 valves and electronic pressure regulators for the heavy-duty segment. And together with our combined advanced technologies, we aim to reduce our carbon footprint and disrupt the Indian clean mobility solutions market.”
Ventrex, which is located in Graz, Steiermark, Austria and has partners working in Slovenia, China, and India to sell their products right around the globe. The company has sold 800,000 electronic pressure regulators to European and Asian customers. Several years ago the company began transferring its CNG & LNG technology to the even more environmentally-friendly hydrogen applications.
Speaking on the potential of the CNG & H2 components market, Patrick Pfeifer, Head of Sales at Ventrex, said: "We still believe that CNG, and now also H2, are valuable technologies in support of a greener future. This is why in Europe we continue pushing these technologies in the heavy-duty segments, where most vehicles drive on Diesel. In India the situation is different and, in addition to the heavy-duty segment, we see big potential also with passenger cars. After more than two years of conversations, we believe 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 one of the largest suppliers of automotive components to OEMs for vehicles that run on Alternative Gas Fuels across India. Now, with a vision to empower India’s e-Mobility drive, Greenfuel has also developed lithium-Ion battery packs.