India's Ambitious Green Hydrogen Project Receives Massive Investment Boost
Key Ideas
  • NTPC Ltd in India is developing a green hydrogen hub at a cost of 1.8 trillion rupees to boost carbon-free fuel production.
  • The project in Pudimadaka is the first under India's National Green Hydrogen Mission, aiming to scale up green hydrogen production to 5 million tonnes by 2030.
  • The initiative includes 20GW of renewable energy capacity to produce 1,500 tonnes of green hydrogen daily, focusing on decarbonizing heavy industries and becoming a major global fuel supplier.
  • The site will also produce 7,500 tonnes of green derivatives daily for export, attracting investments from state energy giants and leading industrialists like Gautam Adani and Mukesh Ambani.
NTPC Green Energy Ltd, the clean energy arm of NTPC Ltd in India, is spearheading the development of a groundbreaking green hydrogen hub in Pudimadaka, with an impressive investment of 1.8 trillion rupees (US$21 billion). This initiative aligns with India's ambitious National Green Hydrogen Mission, which seeks to significantly increase green hydrogen production to 5 million tonnes annually by 2030. The project entails deploying 20GW of renewable energy capacity to generate 1,500 tonnes of green hydrogen daily, primarily targeting the decarbonization of heavy industries like refineries and steel mills. Furthermore, India aims to establish itself as a key global supplier of green hydrogen, with a focus on boosting exports. The site will not only produce green hydrogen but also 7,500 tonnes of green derivatives daily, including green methanol, green urea, and sustainable aviation fuel. This strategic move has garnered support from prominent entities like NTPC, Gautam Adani, and Mukesh Ambani, underlining a collective commitment towards sustainable energy practices and environmental stewardship.
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