In a recent development, Reliance Industries Limited (RIL) and Adani Energy Solutions (AESL) have made significant advancements in the green hydrogen sector. RIL announced a ₹382 crore land deal to bolster its green hydrogen business. The subsidiary of RIL, Reliance Strategic Business Ventures Limited (RSBVL), acquired Nauyaan Tradings Private Limited (NTPL) from Welspun Tradings Limited, further acquiring a 74% equity stake in Nauyaan Shipyard (NSPL) for ₹382.73 crore. NSPL holds leasehold interest in approximately 138 acres near RIL's Dahej manufacturing plant, with plans for activities like setting up salt handling facilities, engineering fabrication, and manufacturing of hydrogen electrolysers. On the other hand, Adani Energy Solutions (AESL) secured a ₹2,800 crore power transmission order for a green hydrogen project in Gujarat. The project involves enhancing the Navinal electrical substation in Mundra with large transformers to connect it to the Bhuj substation, supporting the production of green hydrogen and green ammonia. This win marks AESL's sixth order in the current financial year, increasing its order book to ₹57,561 crore. Both RIL and Adani's endeavors signify a positive outlook towards green hydrogen and renewable energy. These strategic moves aim to contribute significantly to the energy transition and sustainable practices, indicating a strong commitment to green initiatives and innovation in the sector.