NHPC's Green Investment in Bihar: Solar Power and Green Hydrogen Boost Clean Energy
Key Ideas
- NHPC to invest Rs 5,500 crore in a 1,000 MW solar power project in Bihar, aiming to enhance clean energy production.
- The company plans to set up a smaller solar plant for green hydrogen production, which will power a passenger bus financed by NHPC.
- NHPC's initiative aligns with the government's focus on promoting clean energy sources like green hydrogen as a fuel.
- Similar projects are being undertaken by NHPC in other states, with plans to expand the green hydrogen-powered transportation.
NHPC Ltd, India's largest hydropower company, is set to invest Rs 5,500 crore in establishing a 1,000 megawatt solar power project in Bihar. This venture, part of the Bihar Business Connect 2024 summit, aims to foster clean energy by utilizing solar power. The chairman, Raj Kumar Chaudhary, highlighted the significance of land acquisition for timely project completion. Additionally, NHPC intends to construct a small solar plant to generate green hydrogen, which will fuel a passenger bus sponsored by the company for the state government. Green hydrogen, produced through water splitting with green energy, stands as a carbon-free energy source. NHPC's commitment to promoting green hydrogen aligns with government initiatives, fostering sustainable energy sources. The initial phase involves operating one green hydrogen-powered bus, with plans for expansion based on increased solar power production. NHPC's dedication to renewable energy and green technology signifies a positive stride towards sustainable development and clean transportation.