Adani Group Forms Adani Mundra Cluster to Lead Green Hydrogen Hub Revolution
Key Ideas
- Adani Group's three portfolio companies join WEF's initiative to form Adani Mundra Cluster, aiming to become one of the world's largest green hydrogen hubs.
- The cluster plans to produce 1 million metric tonnes per annum (MMTPA) of green hydrogen by 2030, expanding to 3 MMTPA by 2040, with an integrated value chain of solar and wind energy production.
- Adani Mundra Cluster will produce green hydrogen derivatives like ammonia, contributing to decarbonisation of hard-to-abate sectors in India and reducing the country's energy import dependency.
- The initiative aims to collaborate with global industry peers, policymakers, and experts to pioneer innovative approaches towards decarbonisation and advance the energy transition by 2050.
In a significant development, the Adani Group's Adani Enterprises, Adani Ports and Special Economic Zone (APSEZ), and Ambuja Cements have come together to establish the Adani Mundra Cluster in Ahmedabad, India. This cluster aims to be a leading green hydrogen hub globally, with plans to produce 1 million metric tonnes per annum (MMTPA) of green hydrogen by 2030, scaling up to 3 MMTPA by 2040. The integrated value chain includes 10 GW of solar modules, 5 GW of wind turbines, and 5 GW of electrolyser manufacturing capacity. The cluster will also focus on producing green hydrogen derivatives like ammonia. By joining the World Economic Forum's 'Transitioning Industrial Clusters' initiative, the Adani Mundra Cluster seeks to collaborate with global stakeholders to drive decarbonisation efforts. The Adani Mundra Cluster aspires to play a pivotal role in decarbonising challenging sectors of the Indian economy and reducing the nation's reliance on energy imports. Adani Ports aims to operate on renewable electricity by 2025 and achieve net-zero emissions by 2040. Similarly, Ambuja Cements aims to be a low-emission cement producer, aligning with the goal of reaching net zero by 2050. This initiative not only focuses on green energy production but also aims to drive economic growth, generate employment, and advance decarbonisation by 2050.
Topics
India
Renewable Energy
Decarbonisation
Green Energy Transition
Adani Group
World Economic Forum
Industrial Clusters
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