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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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Related News
NGEL ties up with Andhra agency for development of green energy projects | Company Business News
Livemint
·
7m ago
Medial
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.
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NGEL Inks MoUs with GSPC and GPPL during Vibrant Gujarat Global Summit
Startup News FYI
·
1y ago
Medial
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.
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NTPC arm in talks with HPCL, Hindalco for green hydrogen supply joint ventures
Livemint
·
1y ago
Medial
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.
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NTPC Green Energy signs pact for projects worth Rs 2 Lakh Cr in Andhra Pradesh
YourStory
·
7m ago
Medial
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.
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NTPC Green plans ₹30,000 cr-transmission network for AP green hydrogen hub
Livemint
·
7m 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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Sembcorp signs deal for green ammonia offtake from India
Livemint
·
1y ago
Medial
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.
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Shripad Yesso Naik urges industry, global firms to invest in Green Hydrogen sector
Economic Times
·
27d 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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NTPC Green Energy arm bags 300 MW solar project from NHPC
YourStory
·
5m ago
Medial
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.
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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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Hydrogen Mem-Tech secures funding to expand clean hydrogen production
Entrackr
·
7m ago
Medial
Hydrogen separation technology startup Hydrogen Mem-Tech has secured a strategic investment co-led by Peak Sustainability Ventures and London-based AP Ventures. This investment grants Peak a 10.5% ownership stake, positioning them as a vital partner in Hydrogen Mem-Tech’s global expansion and mission to advance sustainable energy solutions. The Norway-based Hydrogen Mem-Tech is supported by prominent climate investors, including Saudi Aramco Energy Ventures, Shell Ventures, Yara Growth Ventures, and SINTEF. According to a press release, the funds will be used to scale operations, develop a new hydrogen separation unit with five times the current capacity, and accelerate green hydrogen production globally, with a particular focus on making the technology feasible for India’s energy sector. Founded in 2017, Hydrogen Mem-Tech aims to drive the green transition with its state-of-the-art hydrogen separation technology, integrated with carbon capture. The company's flagship product, Palladium Separators, is a patented technology that converts bio- and natural gases into pure hydrogen, catering to various applications, including fuel cells for vehicles and industrial processes. The technology enables the separation and purification of ultra-pure hydrogen for use in fuel cells in vehicles, heavy trucks, buses, trains, and ships. Samir Shah will join Hydrogen Mem-Tech’s board of directors. The company’s membrane-based separation technology provides an efficient solution for extracting hydrogen from various gas streams and green ammonia applications, offering significant cost and efficiency advantages. Hydrogen Mem-Tech asserts that its innovation will contribute substantially to achieving global sustainability goals. Peak Sustainability Ventures, a sustainability-focused venture capital fund, aims to support breakthrough innovations in sectors like new energy, water, food systems, and climate tech. Its portfolio includes companies like Indra Water, SustLabs, and Proeon.
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