TKIL Industries Leading the Charge Towards Green Hydrogen Revolution
Key Ideas
- TKIL Industries is collaborating with oil refining and steel companies in India to establish green hydrogen production units using solar energy, aiming to reduce greenhouse gas emissions.
- The company, targeting 100 MW of electrolyser capacity by 2025, plans for significant expansion and has set aside funds of ₹1,500-2,000 crore for this purpose.
- Through partnerships with global companies like SoHHytec, TKIL Industries is poised to play a significant role in India's National Green Hydrogen Mission, aligning with the country's energy independence and carbon neutrality goals.
- The initiative is part of a broader trend in India where companies across sectors are investing in green hydrogen production to address emission challenges and drive sustainable growth.
TKIL Industries Pvt Ltd, formerly known as thyssenkrupp Industries India Pvt Ltd, is engaged in discussions with oil marketing companies (OMCs) and steel manufacturers in India to establish green hydrogen production units using solar energy at their sites. The company aims to help these industries reduce greenhouse gas emissions by leveraging electrolysis technology to produce low-emission hydrogen from renewable energy. TKIL is targeting 100 MW of electrolyser capacity by 2025 with plans for further expansion, supported by funds amounting to ₹1,500-2,000 crore.
Additionally, TKIL has acquired a minority stake in SoHHytec Ltd, a Swiss company with patented solar energy technology for renewable fuel generation. The partnership extends globally, with projects in countries like Spain, France, Italy, and the US. In India, TKIL is exploring green hydrogen projects with chemical, fertiliser, and power producers.
The article highlights India's National Green Hydrogen Mission, aiming to establish green hydrogen production capacity and electrolyser capacity to meet energy independence and carbon neutrality goals by 2047 and 2070, respectively. The initiative aligns with a rising trend in India, with companies like Adani Group also investing significantly in green hydrogen production. Overall, the focus on green hydrogen signifies a shift towards sustainable practices and innovation in the energy sector.