PM Lays Foundation Stone for Torrent Power Projects Worth INR 25,000 Crore in UP Having Combined Capacity of More Than 43,00 MW
The projects, which include two pumped storage hydro projects having total capacity of 4,150 MW, one solar power plant with capacity of 150 MW, and a pilot green hydrogen production facility, will bolster the sustainable energy landscape of Uttar Pradesh. Feb 20, 2024 Prime Minister Narendra Modi has laid the foundation stone for four projects […]
JSW Neo Energy Limited Wins LoA from SECI to Set Up 6.5 KTPA Green Hydrogen Production Facility
JSW Neo Energy has secured a LoA from SECI under the SIGHT scheme to set up a 6.5 KTPA green hydrogen production facility. The facility is to be commissioned within 36 months from the date of LoA. Feb 3, 2024 JSW Neo Energy Limited, a wholly-owned subsidiary of the Company, has received the Letter of […]
IEA Predicts Rise in India’s Natural Gas Demand by 6 Percent in 2024
The International Energy Agency released the quarterly edition of the Gas Market Report providing a thorough review of market developments in 2023 and a short-term outlook for 2024. The report stated following a year-on-year decline of 7 percent observed in 2022, India’s primary gas supply rose by 5 percent in 2023. Jan 28, 2024 India’s […]
India’s Green Hydrogen Ambitions Could Backfire Without Robust Carbon Accounting
India has set aside over INR 19,000 crores to establish itself as a global leader in the production, utilization, and export of green hydrogen. According to Climate Risk Horizons, without stringent regulations, India’s green hydrogen endeavors could inadvertently elevate the country’s carbon footprint and contribute to environmental degradation. Nov 01, 2023 India is rapidly scaling […]
Lhyfe and Exogen Partner to Develop Market for Green Hydrogen in Europe & Contribute Towards Decarbonization
Lhyfe and Exogen Hydrogen Solutions (Exogen) have signed an MoU to develop, offer, and innovate the possible applications and market powered by green hydrogen in the European market. The partnership is in alignment with the decarbonization efforts that both companies are pursuing presently. Sep 14, 2023 Lhyfe and Exogen Hydrogen Solutions (Exogen) have signed a […]
Green Hydrogen Mandates Target Hard-to-Abate Sectors for Cabinet Review
A proposal to mandate hard-to-abate sectors is soon going to be tabled before the Union cabinet. The government aims to achieve a production of at least 5 million tonnes per annum of green hydrogen by 2030. Aug 24, 2023 Mr. RK Singh, India’s minister for power and new and renewable energy, said, “A proposal to […]
Adani Group Seeking to Raise USD 4 Billion to Fund Green Hydrogen Plans
According to reports, Adani Group is looking to raise as much as USD 4 billion to help develop manufacturing plants that would produce low-cost green hydrogen. Oct 26, 2023 According to reports, Adani Group is seeking to raise as much as USD 4 billion to fund its green hydrogen plans. In early-stage discussions with several […]
NGEL & VOCPA to Develop Green Hydrogen Hub in Tamil Nadu
NTPC Green Energy Limited and V O Chidambaranar Port Authority signed an MoU to develop a green hydrogen hub at Tuticorin in Tamil Nadu. Sep 8, 2023 A Memorandum of Understanding (MoU) has been signed between NTPC Green Energy Limited (NGEL) and V O Chidambaranar Port Authority (VOCPA) to develop a green hydrogen hub at […]
Hydreen to Invest USD 2 Billion in India’s Green HydrogenMarket
Hydreen, a subsidiary of Luxembourg-based cruise liners firm HLC Holdings, has announced an investment of USD 2 billion in India’s green hydrogen market which will help India transition to a low-carbon economy. Aug 9, 2023 Hydreen, a subsidiary of Luxembourg-based cruise liners firm HLC Holdings, has announced an investment of USD 2 billion for the […]
ACME Group Raises INR 40 Billion Fresh Funding for Oman Green Hydrogen & Ammonia Project
ACME Group raised a fresh funding of INR 40 billion from REC, for the start up of its green hydrogen and ammonia project located in Duqm, Oman. The facility is projected to produce green ammonia in the capacity of 100,000 tons in its initial phase, and then expanded to 1.2 MMTPA. Jul 22, 2023 ACME […]