MITCON Consultancy & Engineering Services Ltd. (India based ISO 9001:2015 certified & NSE listed company, “MITCON” or the “Company”), pleased to announce that it has signed a memorandum of understanding with Australia based research and innovative start-up company SH3 Energy Pty Ltd (“Sh3”) in the area of technology-based alternates to energy/ renewable energy, Storage solutions, electric/ transformative mobility
The Company has plans to expand its business interest into Australia and therefore looking at various options and possible strategic partnerships for joint investments.
Technological evolution, fully developed support system & Infrastructure combined with robust commitment towards long-term emission reduction makes Australia one of the leading markets for the development of new-age technological products/services…
This MoU focuses on the development of renewable storage solutions for rooftop, Industrial, and utility-scale projects, supplemental Hydrogen or “Hydrogen on-demand”, Hydrogen fuel-cells, manufacturing of long-range buses/trucks, development of Hydrogen Refueling Stations (HRS) infrastructure, and participating in hydrogen hubs. The MoU provides both parties an opportunity to leverage each other’s strengths and also open up the entry into each other’s markets. The first step will be to fulfill immediate requirements in both the Indian and Australian markets and grab the initial mover advantage within these markets. There are bright chances for the propagation of such technology basis safety, ‘zero’ emission, and a sizable cost advantage over other existing technologies…
MITCON’s representative said “We are extremely proud and excited to collaborate with SH3, as they are the right partners in this market space. We have already executed more than 7000 MW of renewable projects in India, Middle East, Africa markets and we look forward to building a huge business portfolio in Australia as well. The present times are definitely one of the most challenging times that I have come across due to restrictions on both the physical and economic side of project development but giving us a loud wake-up call about a green and sustainable environment. At MITCON, we are not just into producing energy but more inclined on clean, smart, and efficient energy solutions.”
About Sh3 Energy
Sh3 Energy is primarily engaged in the research and development of Hydrogen technology in Australia. Working with local and international partners Sh3 Energy is committed to supporting current innovation in hydrogen technology as an integral part of the move towards a renewable energy future. It is led by Phil Matthews ([email protected], 0458 631 329) and Ash Hamer ([email protected]).
About MITCON
MITCON Consultancy & Engineering Services Limited, an ISO 9001:2015 certified company, listed on SME Platform (EMERGE) of National Stock Exchange of India Limited. Initially established as a TCO (technical consultancy organization) in 1982 with head office at Pune, jointly by eminent institutions, now has its spread across the country with offices at Mumbai, New Delhi, Ahmedabad, Chennai, Bengaluru, Nagpur, and Nanded. It is represented in Australia by Kunwar Aditya Saxena ([email protected], 0427 535 361) and Harshad Joshi ([email protected])