Windsor, Alberta 9/23/2009 9:35:00 PM
News / Business

Hydrogenics (NASDAQ: HYGS) Receives Order from India

Hydrogenics Corporation (NASDAQ:HYGS) (TSX:HYG) a developer and manufacturer of hydrogen generation and fuel cell products, recently announced that it has received an order from Bhushan Power & Steel Limited.

 

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The order for a 2 megawatt installation of HySTAT electrolyzers represents the second time this year that Hydrogenics has won an award of this magnitude - illustrating the modular nature of its market-leading hydrogen production technology. Bhushan, one of India's largest steel manufacturers, is anticipated to take delivery of the Hydrogenics units during the first quarter of 2010. "Being able to provide Bhushan Power & Steel with high quality electrolyzers for steel production demonstrates our expanding presence in the region and dedication to a variety of manufacturing applications," said Daryl Wilson, President and CEO. "Industrial growth in India has been nothing short of extraordinary in recent years, and we are taking the necessary steps to increase our position in this important market." Hydrogenics Corporation is a globally recognized developer and provider of hydrogen generation and fuel cell products and services, serving the growing industrial and clean energy markets of today and tomorrow. Based in Mississauga, Ontario, Canada, Hydrogenics has operations in North America and Europe.

 

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