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☆ India's transition toward clean energy is the 'major focus,' says JSW Energy
  + stars: | 2024-07-25 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIndia's transition toward clean energy is the 'major focus,' says JSW EnergySharad Mahendra, joint managing director and CEO at JSW Energy, discusses the hybrid solution power generator companies have in place.
Persons: Sharad Mahendra Organizations: JSW Energy
☆ India's Adani partners with Leyland, Ballard to make hydrogen fueled electric truck
  + stars: | 2023-01-17 | by ( ) www.reuters.com   time to read: +2 min
The project led by Adani, will have Ballard supply the fuel cell engine, while Indian truck maker Ashok Leyland will provide vehicle and technical support for the project. If the devices that do that, electrolysers, are powered by renewable energy, the product is called green hydrogen. The Indian government had recently approved an incentive plan of 174.9 billion rupees ($2.11 billion) to promote green hydrogen and had set green hydrogen consumption targets for some industries earlier this month. Indian companies such as Reliance Industries (RELI.NS), Indian Oil (IOC.NS), NTPC (NTPC.NS), Adani, JSW Energy (JSWE.NS), ReNew Power (RENE.BO) and Acme Solar (ACMO.NS) have big plans for green hydrogen. Adani has a tie-up with French energy company TotalEnergies (TTEF.PA) as part of a deal to form a new green hydrogen project in India.
☆ India OKs $2 bln incentive plan for green hydrogen industry
  + stars: | 2023-01-04 | by ( Sarita Chaganti Singh | ) www.reuters.com   time to read: +3 min
Reuters reported last month about India's plans for a green hydrogen incentive programme. "Our aim is to establish India as a global hub of green hydrogen," Thakur said. India also plans to build electrolyser capacity of 60 gigawatts to 100 gigawatts to help produce green hydrogen, Thakur said. To promote the use of green hydrogen, Thakur said obligations - such as mandatory targets for green hydrogen consumption - would be required of fertiliser units, petroleum refineries and city gas distribution networks. The United States and the European Union have already approved incentives worth billions of dollars for green hydrogen projects.
☆ Exclusive: India plans $2 billion incentive for green hydrogen industry
  + stars: | 2022-12-27 | by ( Sarita Chaganti Singh | Expert Analysis | Reuters Professional | ) www.reuters.com   time to read: +4 min
NEW DELHI, Dec 27 (Reuters) - India is planning a $2 billion incentive programme for the green hydrogen industry, three sources told Reuters, in a bid to cut emissions and become a major export player in the field. The United States and the European Union have already approved incentives worth billions of dollars for green hydrogen projects. GREEN AMMONIA, TOOThe Indian government expects industry to invest 8 trillion rupees in green hydrogen and its derivative green ammonia by 2030, said the industry manager and another government official. The green hydrogen proposal is likely to be called "Strategic Intervention for Green Hydrogen Transition (SIGHT)" and will be split into 45 billion rupees for electrolyser manufacturing for five years and the 135 billion rupees for green hydrogen and green ammonia production for three years, the manager and second official said. The incentive for making green hydrogen is likely to be 50 rupees per kg for three years, they said.
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