“Hy-Box technology is an outcome of extensive research and development pursuits based on reliable scientific analysis and study, which has the potential to accelerate the pace of offering a clean and sustainable alternative to conventional fossil fuels,” said Gaurav Tiwari Tony, who has not only worked on Liquefied Natural Gas (LNG) projects but has also built a Floating Storage Regasification Unit (FSRU)-based LNG terminal. FSRU is a floating vessel that can transport, store, and re-gasify Liquefied Natural Gas (LNG) on-board.
He revealed that the new Hy-Box Technology is purely a thermal heat technology where a 200-degree hard rock is used to generate steam in a closed loop, which is then directed to propel turbines to generate green power.
The technology further uses electrolysers to generate green hydrogen. “We are in talks with a German company for the supply of required turbines and electrolysers.
We will be doing three projects in different locations, starting with 1 MW implementation and each project will be expandable to 5 MW.”
Gaurav Tiwari Tony revealed that once Hy-Box POC projects are implemented, a patent for thermal “Green Hydrogen” production will be filed. Gaurav Tiwari Tony, holds three patents in energy and other fields.
Gaurav said further, “We are in talks with companies for offtake and distribution of ‘green hydrogen’ on a city basis.
What’s more, our parent company BoxLNG is implementing three Compressed Biogas (CBG) projects worth 300 crores in 2024. BoxLNG has a previous tie-up with a Norwegian Fund too.”
“We have a very strong team.