Green growth is the overarching theme across the world and India is no exception, but the trend towards deglobalisation is throwing a spanner in the works
The coal entrepreneurs seem to have cottoned on to the fact that there is no doomsday arriving for the sector anytime soon
Public sector power generator NTPC is to set up a New Energy Park at Pudimadaka in Anakapalli district of Andhra Pradesh to produce products out of green hydrogen, green ammonia and green methanol at a cost of Rs 1,10,000 crore in two phases. An official release on Tuesday said the Andhra Pradesh State Investment Promotion Board (SIPB) cleared a series of investment proposals to establish several heavy industries in the State. NTPC will set up New Energy Park at Pudimadaka in Anakapalli district to produce products of green hydrogen, green ammonia and green methanol with a total investment of Rs. 1, 10,000 crore in two phases with each phase receiving an investment of Rs. 55,000 crore, the release said. The first and second phases with employment opportunities to 30,000 and 31,000 people would be completed by 2027 and 2032 respectively. The Accord Group would set up a Rs 10,000-crore factory at Ramayapatnam to make special minerals like copper cathode, copper rod, sulfuric acid an
De-carbonisation via electric vehicles and hydrogen is among the four verticals in India's strategy for the energy sector, he said
Most departments will switch over to EVs by next year in the first phase, says CM Sukhu
Petroleum minister hints at sustained lifting of Russian crude; hails IEW 2023 as a watershed event
New initiatives have long-term potential
It has a target of the annual production of 500 MMT (million metric tonnes) of green hydrogen by 2030
The Centre has entrusted the oil ministry, which naturally has the highest fossil-fuel footprint, to steer the energy transition of the country
India missed the 175-Gw green energy target by the end of 2022 by 55 Gw as due to slow progress in project development
'Thin line between hustle and hubris', Kumar Mangalam Birla warns upcoming companies in blog post
The Himachal Pradesh government intends to make the state as the first Green Energy State by the end of 2025 by harnessing hydro, hydrogen and solar energy and switching to green products, Chief Minister Sukhvinder Singh Sukhu said on Friday. Presiding over a meeting of senior officers of the energy department and HPSEBL, he directed all the concerned departments including HPSEBL, HIMURJA, Himachal Pradesh Power Corporation Limited (HPPCL) and the Department of Energy to initiate action in this direction and make policy changes, wherever required. He said that refurbishing the present system is essential and the departments should focus on harnessing green energy in the best interest of the State. To ease the norms, the Chief Minister directed the officers to make necessary amendments to the existing power policy and open all the solar projects up to 5 MW capacity for allotment. The state government would also invest in solar plants and will install 500 MW solar projects during the
Carbon pricing is essential to unlock trillions of dollars in private capital needed to reach emission reduction targets, experts and business leaders said on Thursday
As per analysts, electrolyser manufacturers, fuel cell makers for non-emission vehicles, traditional players engaged in energy storage solutions or batter makers are among key beneficiaries
"India can be the world platform for green energy but regulation needs to be accelerated"
Green hydrogen is a zero-carbon fuel made by electrolysis, using renewable power from wind and solar to split water into hydrogen and oxygen
L&T strongly believes its expertise in ammonia and hydrogen production makes it an 'ideal partner' for H2C in this venture
The bidding process is part of a first phase of a $2 billion incentive plan announced last week to boost use of green hydrogen to cut emissions and make India a major exporter in the field
Reliance is seeking billions of dollars of investments in India's energy sector and has approached potential investors including Middle Eastern funds, two of the people said
Plan to have four components; domestic manufacturing of electrolysers key focus area