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JSL’s Hisar plant to be hub for green hydrogen production
Livemint
·
1y ago
Medial
Jindal Stainless Ltd is planning to upgrade its facilities in Hisar, Haryana to prepare for the implementation of the new European carbon tax in 2026. The company recently inaugurated India's first green hydrogen stainless steel plant in partnership with Hygenco India Pvt. Ltd. It has also started the process of setting up a 200MW renewable power facility in Jajpur, Odisha. The upgrades are aimed at reducing carbon emissions and achieving net-zero emissions by 2035. JSL is also in talks with automakers and other infrastructure companies for exporting steel manufactured from its green facilities.
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NGEL inks land lease agreement with AP for green hydrogen hub
Thehindubusinessline
·
1y ago
Medial
India's state-run NTPC's green energy arm, NGEL, has signed a land lease agreement with Andhra Pradesh to establish a green hydrogen hub. The hub, to be developed on 1,200 acres of land near Pudimadaka village in Visakhapatnam, aims to create a world-class ecosystem for green energy technologies, including hydrogen production and related industries. The project includes the construction of India's largest green hydrogen production facility, with a capacity of 1,200 tonnes per day, for the production of green ammonia and green methanol. NTPC aims to have 60 GW of renewable energy capacity by 2032.
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John Cockerill eyes India as export hub
Livemint
·
1y ago
Medial
Belgium-based engineering company John Cockerill Group plans to establish an electrolyzer plant in India, aiming to make it a hub for exporting the technology. The company intends to invest several hundred million dollars into the facility within the next two years. Furthermore, John Cockerill Group plans to expand its presence in the green hydrogen space in India, with a joint venture facility with Greenko. The company is also considering entering the defence manufacturing segment in India. India's low-cost renewable energy makes it an attractive market for green hydrogen production.
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Shripad Yesso Naik urges industry, global firms to invest in Green Hydrogen sector
Economic Times
·
1m ago
Medial
Minister Shripad Yesso Naik urged industry leaders to invest in the green hydrogen sector to ensure energy security and reduce fossil fuel dependency. He emphasized the potential of green hydrogen to enhance industrial competitiveness and called for global partnerships in research and infrastructure development. With existing international collaborations, India aims to become a global hub for green hydrogen. The high cost remains a challenge, prompting suggestions for subsidies to boost domestic production.
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Blue Lotus, NAV Capital invest in renewable energy firm Matrix Gas
VCCircle
·
1y ago
Medial
Investment firms Blue Lotus and NAV Capital have invested in Matrix Gas & Renewables Ltd, a green hydrogen infrastructure developer and natural gas aggregator. Matrix, a Gensol Group company, has raised INR 350 crore ($42.2 million) in its pre-IPO round. The funds will be used to expand market share for gas aggregation, acquire city gas distribution assets, and fund ongoing capital expenditure plans. The investment will also help set up green hydrogen production plants and a hydrogen electrolyser manufacturing plant in consortium with Gensol Engineering.
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NTPC Green plans ₹30,000 cr-transmission network for AP green hydrogen hub
Livemint
·
8m ago
Medial
State-owned NTPC Green Energy Ltd is aiming to construct a ₹30,000 crore transmission network to power its green hydrogen hub in Andhra Pradesh. The planned network will have a capacity of 20 GW and will be separate from the national power grid. It will initially connect NTPC's proposed solar project in Anantapur to India's first hydrogen hub in Pudimadaka, both located in Andhra Pradesh. The hub aims to produce 1,500 tonnes of green hydrogen daily and discussions are underway with potential buyers and partners. The transmission network is expected to be completed by 2032, contributing to India's green energy target of 500 GW by 2030.
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Hydrogen Electrolyzer Development in India: Sterling Generators Partners with Tecnicas Reunidas
Thehindubusinessline
·
1y ago
Medial
Sterling Generators, a subsidiary of Sterling & Wilson, has partnered with Spanish firm Tecnicas Reunidas to develop a 1 MW hydrogen electrolyser in India. The electrolyser, which is a key component in the production of green hydrogen, is expected to be commissioned in late 2024 and can be scaled up to 10 MW. The partnership aims to support India's renewable energy targets and leverage the country's solar and wind resources for green hydrogen production. Electrolysis, the process of splitting water into hydrogen and oxygen using electricity, offers a promising avenue for carbon-free hydrogen production from renewable sources.
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CIAL ties up with BPCL to set up green hydrogen plant at airport
Thehindubusinessline
·
1y ago
Medial
Cochin International Airport Ltd (CIAL) has partnered with BPCL to establish the world's first green hydrogen plant and fuelling station within an airport setting. The plant will use renewable energy sources to produce green hydrogen, which aligns with zero-carbon energy strategies. CIAL will provide the land, water, and green energy resources, while BPCL will oversee the establishment and operation of the plant. The initial output will be used to power vehicles within the airport. This collaboration emphasizes CIAL's commitment to green energy and moves towards a zero-carbon future in aviation.
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Panel moots slashing GST on Green H2 to 5%
Economic Times
·
1m ago
Medial
A panel has recommended reducing the Goods and Services Tax (GST) on green hydrogen from 18% to 5%, and also on storage batteries and green hydrogen electrolysers, which are crucial for green hydrogen production. These recommendations will be reviewed by the GST Council in July. The industry believes the tax cuts will lower costs, boost the adoption of green hydrogen and energy storage solutions, and support India’s clean energy objectives.
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India’s First Green Hydrogen Plant to be Built by L&T at IOC Panipat Refinery
StartupTalky
·
18d ago
Medial
Larsen & Toubro's L&T Energy GreenTech is set to build India's first green hydrogen plant at Indian Oil's Panipat refinery in Haryana. The plant, powered by renewable energy, will annually supply 10,000 tonnes of green hydrogen for 25 years, aligning with India's National Green Hydrogen Mission and decarbonization goals. Using L&T's high-pressure alkaline electrolysers, the project is seen as a significant step in reducing IOC's carbon emissions. Completion is projected by December 2027.
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L&T commissions first indigenously built Hydrogen Electrolyser at Hazira
Thehindubusinessline
·
1y ago
Medial
Larsen & Toubro (L&T) has commissioned its first domestically produced electrolyser at the Green Hydrogen Plant in Gujarat. The plant features a 1 MW electrolyser capacity with the ability to produce 200 Nm3/Hr of hydrogen. L&T Electrolysers Ltd, a subsidiary of L&T, aims to lead in the domestic and global markets for clean energy solutions. The company plans to leverage its upcoming facility in Hazira to meet the growing demand for green hydrogen. L&T Electrolysers has also been allocated a significant capacity under the National Green Hydrogen Mission.
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