Cyient Limited — Updates, 14-04-2025: Press Release

Cyient has secured a strategic contract with GreenH and Luxcara to support the development of a hydrogen production and distribution facility in Bodø, Norway. This project is pivotal for advancing Norway's renewable energy goals, aimed at supplying green hydrogen to the maritime sector and heavy transport industries. The facility will provide green hydrogen fuel under a long-term agreement with Torghatten Nord AS for the Vestfjorden ferries, signifying a major milestone in the country's green energy transformation.

Cyient's scope includes comprehensive owner’s engineering and detailed plant engineering services, leveraging its expertise in green and renewable energy to optimize project delivery. The partnership marks a significant opportunity for Cyient, positioning it as a key player in sustainable energy solutions within the growing hydrogen sector. Investors should view this engagement positively, as it highlights Cyient's expanding footprint in renewable energy projects and reinforces its capabilities in delivering innovative engineering solutions.