NEKKAR Power Pvt. Ltd Secures ₹75 Crore in round 2 Infusion from Syndicate Finance for Hydrogen Fuel Cell Development
NEKKAR Power Pvt. Ltd Secures ₹75 Crore in round 2 Infusion from Syndicate Finance for Hydrogen Fuel Cell Development
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Hyderabad – In a significant move for India’s green energy landscape, Mumbai-based Syndicate Finance has reportedly spearheaded a ₹75 crore Round 2 funding for NEKKAR Power Pvt Ltd, an emerging startup headquartered in Hyderabad and a plant set up in Andhra Pradesh.The investment marks a pivotal moment for NEKKAR Power as it accelerates its flagship project focused on hydrogen fuel cell technology, a sector increasingly seen as the “holy grail” of zero-emission power.While the startup has been proactive in sharing its growth trajectory, its financial backer remains tight-lipped.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Hindu.