JERA to Invest USD 32 Billion in Clean Energy Fuels
Japan’s JERA targets over 35 million metric tons LNG transaction volumes, generating 20 GW of renewable energy by 2035. May 20, 2024 In order to achieve energy sustainability, affordability and stability, leading Japanese energy company JERA has come up with a three-pronged growth strategy to invest USD 32 billion in clean energy fuels such as […]
Jindal Stainless Unveils INR 5,400 Crore Capex Plan
The investment plan includes developing and operating a stainless steel melt shop (SMS) with an annual production capacity of 1.2 million tonne per annum in Indonesia, acquiring 54 percent stakes in a Chinese mill in Gujarat, and enhancing its melting and downstream capacities. May 16, 2024 Jindal Stainless (JSL) has come up with an investment […]
PNGRB Organizes Mega-Stakeholder Interaction on Hydrogen Transmission in Natural Gas Pipelines & City Gas Distribution Networks
PNGRB is planning to utilize natural gas transmission lines for the transportation of green hydrogen bridging the gap between regions with rich renewable energy resources and hydrogen-consuming centers. The total hydrogen demand in India is expected to increase from the current demand of 6 – 7 MMTPA to 16 – 18.5 MMPTA by 2040. Mar […]
GAIL to Launch its First Green Hydrogen Project in MP by April
The unit will come up at GAIL’s Vijaipur complex in Madhya Pradesh. Under the project, a 10 MW proton exchange membrane electrolyser imported from Canada will produce 4.3 MTPD high-purity hydrogen. It aligns with India’s ambitious goal of reaching 5 MTPA green hydrogen production capacity by 2030. Mar 28, 2024 State-run natural gas company GAIL […]
NTPC Green Energy to Infuse INR 80,000 Crore in Green Hydrogen Projects of Maharashtra
NGEL will invest INR 80,000 crore in Maharashtra’s green investment plan in next 5 years, develop green hydrogen and its derivatives such as green ammonia and green methanol having capacity up to 1 million TPA. Mar 15, 2024 NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of NTPC Limited, has signed a Memorandum of Understanding […]
India’s Largest Green Hydrogen Production Facility Having 1100 TPD Capacity to Come Up in AP
NTPC Green Energy Limited joins hands with Andhra Pradesh Industrial Infrastructure Corporation to develop an integrated green hydrogen industrial park worth INR 65,370 crore in three phases at 1200 acres land of Visakhapatnam. Feb 22, 2024 The National Thermal Power Corporation (NTPC) Limited has signed a land lease agreement with the Andhra Pradesh Industrial Infrastructure Corporation […]
Germany Proposes USD 17 Billion Subsidy for Gas Power Plants to Shift to Hydrogen Fuel
Germany expects hydrogen transition plans to get a green signal by 2032, allowing gas power plants to operate completely on hydrogen fuel between 2035 and 2040 Feb 22, 2024 In order to boost intermittent renewable energy and speed up the transition to low-carbon generation, the German government has come up with a EUR 16 billion […]
ACME Signs Contract with IHI to Supply Green Ammonia from India to Japan
ACME Group signed an offtake term sheet with IHI Corporation for supplying 0.4 MMTPA of green ammonia from Phase 1 of the Odisha project on a long-term basis. Jan 24, 2024 ACME Group, a leading renewable energy company in India, and IHI Corporation, a Japanese integrated heavy industry group, recently signed an offtake term sheet […]
Alleima Completes State-Of-The-Art Heat Exchanger Tube Facility in Mehsana, Gujarat
Alleima officially launched its state-of-the-art heat exchanger facility in its mill located in Mehsana, Gujarat. The total investment between 2019-2023 amounts to approximately USD 17 million. Nov 23, 2023 Alleima officially launched its state-of-the-art heat exchanger facility in its mill located in Mehsana, Gujarat. This new facility will enable Alleima to produce advanced alloys in […]
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 […]