Haffner Energy welcomes the signing of a landmark Memorandum of Understanding (MoU) between the Government of Maharashtra, India, JW Global Group, and The Seed Consortium Partners. This MoU represents approximately €15 billion (Rs 1,65,000 crore) in planned investment across four large-scale infrastructure and clean technology projects, two of which require Haffner Energy technologies.

The Seed Consortium Partners aggregate technology and investment players, with Haffner Energy as its green-hydrogen technology partner. JW Global is an India-based global conglomerate with a diversified presence across key sectors, driving sustainable growth through innovation, operational excellence, and long-term partnerships.
All four projects will be developed in multiple phases. The first phase involves over 680 acres spread on both sides of the Bhima River by the Ujani Dam Reservoir.
The MoU includes two flagship projects that underline the strategic relevance of Haffner Energy’s proprietary solutions in major industrial decarbonization programs:
“India’s industrial growth requires energy solutions that are scalable, sovereign, and sustainable,” said JW Global founder and chairman Jaydeep Wankhede. “Haffner Energy’s biomass-based technologies bring a unique strategic advantage by converting local residues into clean hydrogen and renewable energy. This capability is especially relevant for India, where agricultural resources can be transformed into long-term industrial competitiveness while accelerating decarbonization.”
"India represents a compelling deployment environment for our technology — abundant agricultural biomass, rapidly scaling energy demand, and a government actively backing industrial decarbonization," said Haffner Energy CEO Philippe Haffner. "Being selected for these two projects, including one of India's most ambitious AI infrastructure developments, reflects the maturity and versatility of our platform."
The agreement reinforces the company’s strategy to deploy resilient, low-carbon energy solutions in high-growth markets worldwide.
Maharashtra is entering a new era of industrialization supported by reforms designed to accelerate project execution and attract global investment in sustainable, advanced industry, and high-technology sectors, Chief Minister Devendra Fadnavis stated to the local media during the signing ceremony.
“The MoU aims to facilitate time-bound investments”, he added. JW Global confirmed that all the required studies shall start soon.