Essar Group has announced plans to invest Rs 30,000 crore in setting up a green hydrogen plant in Jamnagar, Gujarat. This project aims to develop 1 gigawatt of hydrogen capacity along with associated green molecules capacity of 1 million tonne per annum within the next four years. By utilizing renewable energy from Essar Renewables, the group will split water molecules to produce hydrogen and oxygen. The produced hydrogen will be used to power vehicles, generate electricity, and heat homes and businesses. The conglomerate is also focused on decarbonizing its operations by exploring various initiatives. This includes decarbonizing its oil refinery in the UK, constructing a green steel plant in Saudi Arabia, and building an LNG and electric ecosystem for long-haul heavy trucks. Additionally, Essar Group plans to expand its renewable energy capacity, generate electricity from coal, enter mining of critical minerals for electric vehicle batteries, and explore shale gas opportunities in India. Essar Group's commitment to reducing carbon emissions is evident through its initiatives such as using LNG-powered trucks, maintaining an electric fleet, and producing gas from coal seams. These efforts contribute significantly to India's total gas production while also aiming to reduce carbon footprints in the transportation sector and other industries.