Essar Group has announced a massive investment of Rs 30,000 crore over the next four years to establish a green hydrogen plant in Jamnagar, Gujarat. This move is part of the conglomerate's strategy to embrace clean energy as a significant driver of its future growth. Essar Capital, the group's investment management arm, shared plans to decarbonize its UK oil refinery, build a green steel plant in Saudi Arabia, and create an LNG and electric ecosystem for long-haul trucks. The initiative includes mining critical minerals for electric vehicle batteries, solar panels, and wind-turbine magnets. Essar Future Energy aims to develop 1 GW of hydrogen capacity and associated green molecules annually at its Jamnagar facility. The process will involve using 4.5 GW of renewable energy from Essar Renewables to split water molecules and produce hydrogen and oxygen. The conglomerate highlights hydrogen as a clean energy source with versatile applications in transportation, electricity generation, industrial processes, and residential heating. By investing in green hydrogen, Essar aims to streamline the production of green molecules like ammonia for efficient transportation. Additionally, the group is expanding its electricity generation capacity from coal while venturing into renewable energy. They plan to grow their power generation capacity to 10,000 MW in the next 3-5 years, including expanding thermal power plants in Gujarat. Furthermore, Essar is focusing on green mobility solutions by building LNG and electric ecosystems for long-haul trucks, with a fleet of LNG-powered and electric trucks to reduce carbon emissions. The company is also involved in extracting coal bed methane and exploring shale gas in India. Overall, Essar is committed to significant investments in green technologies to drive sustainability and reduce carbon footprint across its operations globally.