Fortescue Future Industries entered into a framework agreement with JSW Future Energy Limited to explore opportunities to develop green hydrogen projects in India. Under the agreement, FFI and JSW Energy will collaborate and conduct scoping work on potential projects relating to the production of green hydrogen and explore opportunities to utilise it for green steel making, hydrogen mobility, green ammonia and other mutually agreed industrial applications in India.

"JSW Energy has laid out a strategic blueprint to become a 20 GW capacity power generating company by 2030 with about 85% of the portfolio comprising of green and renewable energy sources," said JSW Energy Joint Managing Director and CEO, Prashant Jain. "We also aspire to be a green energy future tech company with a proactive approach to adopt innovative technologies like green hydrogen, offshore wind, battery energy storage and be a front-runner in the green energy revolution."