Kerala's Hydrogen Valley Initiative: Pioneering Green Transport and Industry Revolution
Key Ideas
- A new company, 'Hydrogen Valley Innovation Cluster Kerala', is being formed under ANERT to boost hydrogen vehicle adoption in Kerala.
- The project, with an initial cost of Rs 133 crore until 2030, aims to promote hydrogen use over electricity, creating job opportunities and environmental benefits.
- The company will adhere to Central Department of Science and Technology guidelines and will have a diverse board of directors representing various stakeholders.
- The Hydrogen Valley project's goal is to transform Kerala into a hydrogen hub, supporting green transport and industry development.
In Thiruvananthapuram, Kerala, the state government has announced the establishment of a new company, 'Hydrogen Valley Innovation Cluster Kerala', to drive the adoption of hydrogen vehicles. The company, headed by ANERT with the CEO as the Chairman and Managing Director, will operate under the Central Department of Science and Technology's regulations. Initial estimates suggest an investment of Rs 133 crore until 2030, with Rs 58 crore funded by the central government. The project aims to shift towards hydrogen usage instead of electricity, fostering infrastructure growth, job creation, and environmental protection. The diverse Board of Directors includes representatives from the central government, state government's Finance and Power Departments, shareholders, and public/private industries. This initiative is expected to open doors for new investment opportunities and research into innovative uses of hydrogen. The overarching goal of the Hydrogen Valley project is to convert Kerala into a hydrogen hotspot, promoting green transport and industry development.