Visakhapatnam's Green Hydrogen Revolution: Modi Inaugurates Rs 2 Lakh Crore Projects
Key Ideas
  • Prime Minister Modi inaugurates projects worth over Rs 2 lakh crore, including the groundbreaking Green Hydrogen Hub Project in Visakhapatnam.
  • The NTPC Green Energy Limited Green Hydrogen Hub Project aims to establish 20 gigawatts of renewable energy capacity and green hydrogen production facilities by 2027.
  • The project focuses on producing green hydrogen and derivatives like green methanol and urea, with a strong emphasis on export markets and sustainable aviation fuel.
  • The event symbolizes a key step towards Andhra Pradesh's potential to become a $2.5 trillion economy by 2047, showcasing collaborative efforts between the state and the Centre.
Prime Minister Narendra Modi recently inaugurated and laid the foundation for developmental projects worth over Rs 2 lakh crore in Visakhapatnam. Among these projects is the NTPC Green Energy Limited Green Hydrogen Hub Project at Pudimadaka, the first of its kind under the National Green Hydrogen Mission. This joint venture project between NTPC Green Energy Limited and the Andhra Pradesh New & Renewable Energy Development Corporation aims to invest Rs 1.85 lakh crore to establish 20 gigawatts of renewable energy capacity and green hydrogen production facilities by 2027. The focus is on producing green hydrogen, along with green derivatives like methanol and urea for export markets and sustainable aviation fuel. Additionally, other major projects like the Krishnapatnam Industrial Hub and the bulk drug park in Nakkapalli were initiated. The event highlighted Andhra Pradesh's potential to become a $2.5 trillion economy by 2047 and showcased the collaborative efforts between the state and the Centre for development. Minister Nara Lokesh credited Modi's leadership for supporting Andhra Pradesh's development and highlighted various initiatives, including financial aid for key projects and development efforts. The overall sentiment of the article is positive, emphasizing the promising future for Andhra Pradesh's economy and infrastructure.
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