Adani Group Creates Green Hydrogen Hub in Mundra, Joining WEF Initiative
Key Ideas
- The Adani Mundra Cluster, formed by Adani Enterprises, APSEZ, and Ambuja Cements, aims to be a leading green hydrogen hub with a capacity of up to 3 MMTPA by 2040.
- The project includes a fully integrated value chain with solar modules, wind turbines, and electrolyser manufacturing, alongside port infrastructure.
- The initiative focuses on decarbonisation, job creation, and economic growth, aligning with global efforts to reduce carbon emissions and transition to green energy.
- Adani Ports commits to renewable energy for all its operations by 2025, while Ambuja Cements targets net zero emissions by 2050, showcasing a strong commitment to sustainability.
The Adani Group, through its three portfolio companies, Adani Enterprises, Adani Ports and Special Economic Zone (APSEZ), and Ambuja Cements, has announced its participation in the World Economic Forum's 'Transitioning Industrial Clusters' initiative. This collaboration has led to the formation of the Adani Mundra Cluster, which is set to become one of the world's largest integrated green hydrogen hubs. By 2030, the cluster plans to have a 1 million metric tonnes per annum (MMTPA) capacity for green hydrogen production, expanding to 3 MMTPA by 2040.
The Adani Mundra Cluster's infrastructure will include 10 GW of solar modules, 5 GW of wind turbines, and 5 GW of electrolyser manufacturing capacity, all supported by necessary port infrastructure. Additionally, the cluster will produce green hydrogen derivatives like ammonia, showcasing its commitment to advancing the green energy transition.
Through this initiative, the Adani Mundra Cluster aims to decarbonise hard-to-abate sectors in the Indian economy and reduce the nation's reliance on energy imports. The project aligns with global efforts for decarbonisation by 2050 and aims to drive economic growth and job creation within the region.
Adani Ports has set a target to power all its port operations using renewable electricity by 2025 and achieve net-zero emissions by 2040. Similarly, Ambuja Cements plans to establish the lowest-emission-intensity cement production facility globally in Mundra, working towards a net-zero target by 2050.
This collaboration with the World Economic Forum's initiative signifies a step towards sustainable and green practices in industrial clusters, fostering innovation, knowledge exchange, and progression towards a greener future.