CIMC ENRIC (03899.HK) announced that its subsidiary, Jingmen Hongtu Special Aircraft Manufacturing Co., Ltd., has successfully signed a contract with an Indian customer recently to build 12 hydrogen balloon tanks for their green hydrogen and green ammonia project in Oman, with a total amount exceeding tens of millions of US dollars. This is CIMC ENRIC's first overseas hydrogen balloon tank project.
The customer is reportedly one of the largest renewable electrical utilities producers in South Asia, with an installed capacity of over 8.5GWp of wind power.