MUMBAI, India and LONDON, Oct. 12, 2023 /PRNewswire/ — STL (NSE: STLTECH), a leading optical and digital solutions company, today announced that it has collaborated with Hygenco, a homegrown green hydrogen solutions provider, for the supply of Green Hydrogen to its manufacturing plants. In this long-term offtake agreement, Hygenco will build-own-operate the Green Hydrogen facility for STL for 20 years. This facility will be based on renewable energy and commissioned in the next 15-18 months.
This project will be the very first Green Hydrogen project in India’s Optical industry and boost STL’s Net-Zero by 2030 ambition.
STL has deep expertise in materials science, photonics and precision engineering and has set up a semiconductor-grade Glass Preform Plant in Aurangabad, Maharashtra. This Industry 4.0 powered plant is dedicated to manufacturing Glass Preforms, which are used to draw…
