Saturday, May 18, 2024
Latest News
Will 6G tech deliver where ‘overhyped’ 5G didn’t? An expert sees a holographic future Premier League title race could be settled on Sunday after Kitchee stop rot to prolong Lee Man’s wait Russia Presses Attacks in Northeast Ukraine, Seeking Buffer Zone on Border Slovak prime minister still in serious condition as shooting suspect appears in court Elephant Kills Man: Elephant kills man | Bhubaneswar News EgyptAir plans to increase frequency of its Delhi-Cairo flights, make it a daily Coffee shop Land to Sea in New York is a love letter to co-founders’ Asian-American upbringing – and a space for all Jitesh Sharma to lead Punjab Kings in their final game of the season | Cricket News Sample Seed pitch deck: Goodcarbon's $5.5m deck Do I Owe Taxes on a Retirement Account Distribution? Namaste away: Rangers bar yoga classes at cliffside San Diego park Young Voters: To woo voters, parties aim to catch ’em young | Allahabad News China property: Beijing’s stimulus plan needs more time, money and policy support to resolve long-standing housing crisis 'I said I would bat anywhere, just give me a chance to play': Virat Kohli recalls how Suresh Raina's recommendation worked for him | Cricket News Lack of AI Is Reducing India Software Stocks’ Heft as Tech Bets In Rio de Janeiro, young women in a favela hope to overcome slum violence to play in 2027 Women’s World Cup House GOP infighting fuels bitter primary election season Airport: Airport’s Terminal 2 gets five new aircraft parking stands | Ahmedabad News India, UK reaffirm FTA commitment at strategic dialogue Studio Nicholson founder Nick Wakeman on perfecting modern nostalgia at her London-based fashion label Queen of the Book Club Biden called out over past desegregation remarks Angry mob sets Bihar police station on fire after man, minor wife die by suicide in custody; ASP among 9 cops injured | Patna News 8 ways to boost energy and productivity and be less tired – a Malaysian-Chinese life coach and author’s advice Lionel Messi’s Barcelona napkin, used to promise his first contract with club at age 13, sells for HK$7.6m at auction Nearly 50 vehicles towed, 40 arrests made in Northern California sideshow Man shoots his 6-month-old baby multiple times at home near Phoenix, but child expected to survive INDIA bloc's 'Karan-Arjun' draw attention in Rae Bareli | Chennai News FDI norms in certain sectors likely to be eased under new government: DPIIT Secretary Aishwarya's silver and turquoise look at Cannes
HomeIndiaGreen hydrogen projects on fast track in Gujarat | Ahmedabad News

Green hydrogen projects on fast track in Gujarat | Ahmedabad News

AHMEDABAD: While India’s green hydrogen ambitions are soaring with the launch of the National Green Hydrogen Mission, with a capital outlay of Rs 19,744 crore by the Centre, Gujarat is leading India’s leap with growing interest and promises of big-ticket investments from several conglomerates.
The state government has already initiated the process of land allocation. A massive 7. 75 lakh acres of land has been earmarked by the state government for green hydrogen projects, pegged to be the largest-ever industrial land bank set aside for allocation in India for green hydrogen manufacturing.
District administrations were already working on fixing land price estimates, however, decisions on allocation for these projects were pending due to the assembly elections, and are now being fast tracked.
While Reliance Industries Limited (4. 74 lakh acres), Adani Group (1. 97 lakh acres) and Torrent Group (1. 04 lakh acres) have already moved proposals for land, more players have expressed interest.
“These three key players have sought land in Kutchand Banaskantha districts. While Reliance and Adani Group have already received in-principle approval from the government, Torrent Group has been asked to seek land elsewhere as the parcel it is eyeing is a forest area,” a top government source confirmed.
Industry sources said Larsen and Toubro Group, NTPC and Reliance are already working on pilot projects to understand various applications of green hydrogen. Recently, Delhi-based Greenzo Energy India announced it will invest $50 million (Rs 414. 5 crore) to manufacture 250MW of anion exchange membrane (AEM) electrolysers per year with balance of plant (BOP) at Sanand Industrial Estate-II near Ahmedabad.
With growing interest from global players, the state government plans to hold stakeholder consultations soon.
Gujarat is gradually becoming a focal point for gre-en hydrogen due to the presence of many refineries, fertilizer, caustic soda and steel plants in the state, industry experts say.
“Demand for green hydrogen is supported by the huge renewable power generation potential as well as excellent road and shipping infrastructure.
“The state government is already considering reserving land parcels for hydrogen projects. However, development of green hydrogen is limited by the high cost of production in comparison to grey hydrogen and other alternative energy sources,” said Vinay Rustagi, managing director, Bridge To India, a renewable energy consulting firm.
“Government interventions to incentivize domestic manufacturing, reduce transmission charges for renewable power and develop storage and transport infrastructure are needed to kickstart this market,” Rustagi further said.

Source link



Please enter your comment!
Please enter your name here

Most Popular

Recent Comments

Latest News