Strip away the green hydrogen branding, and India’s new Model Service Agreement for “Electrolyser as a Service” (EaaS) is a government ministry writing down, in contract form, a playbook that industrial gas firms have run for the better part of a century.
Build-own-operate (BOO), long-term offtake, and allocated risk flow throughout the document that is designed to help companies build a plant on the customer’s fence line, keep the title, and sell the molecule.
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