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Renewable energy companies such as Hero Future Energies and Renew are looking to set up green hydrogen plants abroad, while others like Adani New Industries and Avaada Group are in talks with global companies for offtake of the new-age energy. Adani New Industries (ANIL), is exploring international markets such as Europe, Japan and South Korea for offtake partners of green hydrogen and its derivatives. Renew has signed an exploratory framework agreement with Egypt to set up a green hydrogen plant in the Suez Canal Economic Zone.