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Last Updated on 25th June 2024
In a major push for clean energy, NTPC Green Energy Limited (NGEL) and the Maharashtra government have signed a landmark Memorandum of Understanding (MoU) worth a staggering USD 9 billion (approximately INR 80,000 crores). This ambitious pact aims to transform Maharashtra into a green hydrogen hub, propelling India's transition to a sustainable future.
Up to 1 million metric tons of green hydrogen and its derivatives, like green ammonia and methanol, will be produced annually. This clean fuel can power various industries, from transportation to fertilizer, significantly reducing the carbon footprint.
The MoU also entails setting up 5 GW of renewable energy projects, both with and without storage solutions. This will address the growing demand for clean electricity and stabilize the grid, especially with the integration of intermittent renewable sources.
This collaboration is a significant step forward for India's green ambitions. The Maharashtra government's commitment to green hydrogen aligns with the country's National Hydrogen Mission, which aims to make India a global leader in green hydrogen production and utilization by 2030.
This collaboration is a significant step forward for India's green ambitions. The Maharashtra government's commitment to green hydrogen aligns with the country's National Hydrogen Mission, which aims to make India a global leader in green hydrogen production and utilization by 2030.
NTPC Green Energy (NGEL) is on a mission to transform India's energy landscape, focusing on renewable energy, green hydrogen, and energy storage. Here's a glimpse into their upcoming projects:
Are you looking for a platform that gives you reliable, high-quality, and timely project insights for the latest green hydrogen (H2) generation and production plant projects in the Indian region?
Discover the Global Project Tracking (GPT) platform by Blackridge Research, designed to provide you with the most recent updates regarding Green Hydrogen (H2) Generation/Production Plant Projects in the India and faster across various stages of development:
The user-friendly interface helps you obtain early-stage awareness of projects and find the right business opportunity quickly.
With its user-friendly interface, this platform empowers you to gain early-stage awareness of projects and swiftly identify the right business opportunities.
Each project will have all the essential details, such as scope, capacity, CapEx, status, project description, companies involved, funding information, location, periodic updates, important event dates like construction start dates, commissioning dates, and key contact information of project owners and stakeholders.
The database is a vital resource for a wide range of entities, including energy companies, EPC companies, facility operation and maintenance (O&M) companies, consulting and advisory firms, investors, energy investment firms, project finance agencies, research and development organizations, regulatory bodies, and law firms.
Technology and Equipment Suppliers, Logistics and Marine Services Providers, Finance and Investment Firms, Regulatory Bodies and Government Authorities, Local Contractors and Service Providers, and Insurance and Risk Management Firms
Book a Free demo to learn more about the Green Hydrogen (H2) Generation/Production Plant Projects and Tenders database and how we can help you achieve your goal.
News_Release 20th Nov 2023
News_Release 20th Nov 2023
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News_Release 27th Nov 2023
