India's Groundbreaking Green Hydrogen Hub in Visakhapatnam
Key Ideas
- Prime Minister Modi to inaugurate the first Green Hydrogen Hub project in Visakhapatnam, a key initiative under the National Green Hydrogen Mission.
- The project entails a massive investment of ₹1,85,000 crore and aims to produce 1500 tonnes per day of green hydrogen and derivatives for export markets.
- Spread across 1,600 acres, the hub will create over 57,000 jobs, aligning with India's target of achieving 500 GW of non-fossil energy capacity by 2030.
- Expected to be completed by 2032, the project will drive decarbonisation and bolster India's Net Zero goals, positioning Andhra Pradesh as a global green energy player.
Prime Minister Narendra Modi is set to lay the foundation stone for NTPC Green Energy Limited's Green Hydrogen Hub Project in Pudimadaka near Visakhapatnam on January 8. This initiative marks a significant milestone under the National Green Hydrogen Mission, requiring an investment of ₹1,85,000 crore. The hub will house 20 GW of renewable energy capacity and is designed to produce 1500 tonnes per day of green hydrogen, along with 7500 tonnes per day of green derivatives like methanol, urea, and sustainable aviation fuel, with a focus on export markets. Spanning 1,600 acres, the facility will host various components including a manufacturing unit, green chemical zone, storage terminal, port infrastructure, and desalination and effluent treatment plants. With an estimated completion date of 2032, the project is projected to generate more than 57,000 jobs and contribute significantly to India's ambition of achieving 500 GW of non-fossil energy capacity by 2030. Additionally, it aims to drive decarbonisation efforts in key sectors, aligning with the country's Net Zero goals. The project is expected to enhance India's energy independence and position Andhra Pradesh as a prominent player in the global green energy landscape, further solidifying the nation's commitment to sustainable solutions.
Topics
Projects
Renewable Energy
Investment
Job Creation
Decarbonisation
Manufacturing
Sustainable Development
Net-zero Goals
Export Markets
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