NTPC Renewable Energy has signed the term sheet to supply 1.3 GW of round-the-clock renewable power for Greenko’s upcoming green ammonia plant at Kakinada in Andhra Pradesh.
India attracted around $10 billion of annual investment in the renewable energy sector over the last five years. High economic growth and a stable commitment to decarbonization have drawn the attention of major organizations and investors from around the world.
Amplus Solar has signed a memorandum of understanding (MoU) to set up distributed green hydrogen plants for industrial consumption in Andhra Pradesh with an investment of INR 1,500 crore ($181.45 million).
NTPC REL will design, develop, and install renewable energy projects (solar, wind, etc) and hydrogen energy storage systems for supplying electricity to Indian Army establishments in off-grid locations.
The state-owned oil and gas major targets 200 GW of renewable energy capacity by 2050. It also plans to have around 2 million metric tons of green hydrogen capacity in its fold by 2050.
The Council of Scientific & Industrial Research’s Hydrogen Technology (H2T) program focuses on improving the lifetime of electrolyzers by developing thermochemically robust membranes and electrolytes, reinforced fluoropolymer membranes, graphite composite bipolar plates, and ceramic interconnects.
Ranjit Gupta-led Ocior Energy has committed a cumulative investment of INR 80,000 crore to build two green ammonia facilities of 1mtpa each in Andhra Pradesh and Gujarat.
NTPC Renewable Energy Ltd (NTPC REL) is enlisting technical consultants for green ammonia feasibility studies. Both domestic and international agencies can apply. The enlisted consultants will be awarded the study project following competitive bidding.
Essar has formed Essar Energy Transition (EET) that will focus on investing in hydrogen, decarbonization, new energy infrastructure, and biofuels. EET plans to invest $3.6 billion in developing low-carbon energy transition projects in the UK and India over the next five years.
Olectra, in association with technology partner Reliance, has developed a hydrogen bus that can travel up to 400 km on a single hydrogen fill. It plans to launch these buses within a year commercially.
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