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NGEL inks land lease agreement with AP for green hydrogen hub

Thehindubusinessline

Thehindubusinessline · 1y ago

NGEL inks land lease agreement with AP for green hydrogen hub

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.

Related News

NGEL ties up with Andhra agency for development of green energy projects | Company Business News

Livemint

Livemint · 8m ago

NGEL ties up with Andhra agency for development of green energy projects | Company Business News

NTPC Green Energy Ltd (NGEL) has entered into a joint venture agreement with New & Renewable Energy Development Corporation of Andhra Pradesh Ltd (NREDCAP) for the development of green energy projects. The joint venture aims to develop 25 GW of renewable energy projects, along with green hydrogen and pumped storage projects (PSP), which will bring significant investment and job opportunities to the state. The agreement comes just before the foundation laying ceremony for NGEL's green hydrogen hub in Andhra Pradesh. NGEL is also in talks with potential buyers, including Toyo Engineering Corp., Getek AS, and Fortescue, to supply green hydrogen from the hub.

NGEL Inks MoUs with GSPC and GPPL during Vibrant Gujarat Global Summit

Startup News FYI

Startup News FYI · 1y ago

NGEL Inks MoUs with GSPC and GPPL during Vibrant Gujarat Global Summit

NTPC Green Energy Ltd (NGEL) has signed MoUs with Gujarat State Petroleum Corporation Ltd. (GSPC) and Gujarat Pipavav Port Ltd. (GPPL) during the Vibrant Gujarat Global Summit held at Gandhinagar. The MoU with GSPC aims to blend Green Hydrogen in the gas networks and establish Green Hydrogen fuelling stations in Gujarat. The MoU with GPPL aims to develop a Green Hydrogen ecosystem and explore the use of Pipavav Port for offshore wind farms. NGEL, a subsidiary of NTPC, has an operational capacity of over 3.4 GW with 26 GW in the pipeline. GSPC is engaged in gas trading, exploration, and production, while GPPL is a leading private port.

NTPC arm in talks with HPCL, Hindalco for green hydrogen supply joint ventures

Livemint

Livemint · 1y ago

NTPC arm in talks with HPCL, Hindalco for green hydrogen supply joint ventures

NTPC Green Energy Ltd (NGEL) is reportedly in talks with Hindustan Petroleum Corporation Ltd (HPCL) and Hindalco Industries to supply them with green hydrogen. NGEL, a subsidiary of NTPC Ltd, is considering joint ventures like the one it has with IndianOil Corporation Limited (IOCL) to cater to the captive requirement of these companies. With the focus on India's net-zero target by 2070, the adoption of green hydrogen in industries, instead of grey hydrogen, is gaining importance. NGEL is also planning to raise funds through an IPO and expand its presence in the energy transition space.

NTPC Green Energy signs pact for projects worth Rs 2 Lakh Cr in Andhra Pradesh

YourStory

YourStory · 8m ago

NTPC Green Energy signs pact for projects worth Rs 2 Lakh Cr in Andhra Pradesh

NTPC Green Energy Ltd (NGEL), the renewable energy arm of NTPC, has signed a joint venture with NREDCAP to develop renewable energy projects in Andhra Pradesh worth Rs 2 lakh crore. The collaboration aims to focus on solar and wind power, pumped storage projects, and green hydrogen. The project is expected to create over 100,000 jobs and establish Andhra Pradesh as a leader in renewable energy. NGEL recently launched its Rs 10,000 crore IPO, which was fully subscribed on the third day of the share sale.

NTPC Green plans ₹30,000 cr-transmission network for AP green hydrogen hub

Livemint

Livemint · 7m ago

NTPC Green plans ₹30,000 cr-transmission network for AP green hydrogen hub

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.

Sembcorp signs deal for green ammonia offtake from India

Livemint

Livemint · 1y ago

Sembcorp signs deal for green ammonia offtake from India

Sembcorp Green Hydrogen, a subsidiary of Sembcorp Industries, has partnered with Japanese firms Sojitz Corp. and Kyushu Electric Power to finalize a green ammonia offtake agreement in India. The collaboration aims to develop a low-carbon supply chain and accelerate the region's transition to a clean economy. Sembcorp will utilize renewable energy to produce 200,000 metric tons per year of green ammonia as the lead developer and operator of the project. Land has already been secured in India for the development of the facilities.

Shripad Yesso Naik urges industry, global firms to invest in Green Hydrogen sector

Economic Times

Economic Times · 1m ago

Shripad Yesso Naik urges industry, global firms to invest in Green Hydrogen sector

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.

NTPC Green Energy arm bags 300 MW solar project from NHPC

YourStory

YourStory · 6m ago

NTPC Green Energy arm bags 300 MW solar project from NHPC

NTPC Green Energy Limited (NGEL) announced that its renewable arm, NTPC Renewable Energy Limited (NTPC REL), won a 300 MW solar project from the National Hydroelectric Power Corporation (NHPC) through an e-reverse auction. The project entails setting up a solar power plant with an energy storage system of 150 MW/300 MWh at a tariff of Rs 3.09/kWh. This win follows a major agreement by NGEL to develop renewable energy projects worth Rs 2 lakh crore in Andhra Pradesh.

CIAL ties up with BPCL to set up green hydrogen plant at airport

Thehindubusinessline

Thehindubusinessline · 1y ago

CIAL ties up with BPCL to set up green hydrogen plant at airport

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.

PFC inks MoU with Goa govt to fund climate projects

Livemint

Livemint · 1y ago

PFC inks MoU with Goa govt to fund climate projects

State-run Power Finance Corp (PFC) has signed a memorandum of understanding (MoU) with the Goa government to provide financial support for the state's green energy projects. PFC will fund initiatives in renewable energy, green hydrogen, electric vehicles, waste management, and nature-based solutions. The partnership aims to attract private sector investments and promote sustainable development in line with India's net-zero objectives. PFC will utilize its financial expertise to drive climate initiatives and catalyze the energy transition, while the Goa government will facilitate project implementation and collaboration among stakeholders.

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