India's Sterling Generators partners with Spanish firm for hydrogen electrolyser in Silvassa

Posted on:
Key Points

New Delhi [India], March 20 (ANI): Sterling Generators has signed an MoU with a Spanish company called Tecnicas Reunidas to develop a 1 Mega Watt electrolyzer at its Silvassa plant...

This agreement is a technical collaboration between Tecnicas Reunidas from Spain and Sterling and Wilson from India to develop a 1 MW electrolyzer demo plant which is going to be installed in Silvassa in Maharashtra and is going to be ready at the end of 2024, Rodriguez said.. Were hoping that this demo will be one of many to come in IndiaWe think that this technology is going to be the driving force in India in the coming future..

Union Cabinet in early January 2023 approved the National Green Hydrogen Mission, aiming to make India a global hub for the production, utilization, and export of such technologies...

India meets a sizable portion of its energy needs through imports, and this green hydrogen mission is seen as an avenue to reduce the dependence of imported fuel...

Under this mission, the government aims to raise annual green hydrogen production to 5 million tonnes, renewable energy capacity addition of about 125 gigawatts, attract over Rs 8 lakh crore in investments, lakhs of jobs, and most importantly over Rs 1 lakh crore cumulative reduction of fossil fuel imports..

You might be interested in

Green hydrogen & AI will be new buzzwords at COP28. That's the key to India's energy goals

29, Nov, 23

AI will empower stakeholders to augment their comprehension of the potential impacts, trade-offs, and benefits inherent in the prioritisation of green hydrogen production.

Acme appoints EY to sell InvIT stake

09, Nov, 23

The Acme Solar InvIT will be privately listed and will be sponsored by India’s largest pure-play solar platform Acme and incoming investors

Why JSW Energy’s equity dilution move at the parent level makes sense

05, Apr, 24

The only argument in favour of dilution at JSW Neo Energy would have been that the green energy generation companies are commanding higher valuation versus the fossil fuel-based energy generation companies.

Yokohama bets on local production for sustainable business in India

15, Oct, 23

India Business News: Japanese tyre maker Yokohama is focusing on local production in India to sustain and compete in the market. The company is building a new plant in Vis

Adani family to invest Rs 9,350 crore in Adani Green Energy

26, Dec, 23

The issuance is subject to the approval of regulatory and statutory authorities as well as the shareholders of the company at the Extraordinary General Meeting scheduled on 18 January 2024.

Adani Green Energy reports 3-fold increase in net profit at Rs974 cr in FY23

01, May, 23

The company's consolidated total income rose to Rs8,633 crore, up from Rs5,548 crore in FY2022

Factbox: India's green hydrogen push and challenges

10, Jul, 23

India wants to become a global hub for the production of green hydrogen, manufactured by splitting water molecules using renewable energy. It is an ambitious plan for a country whose hydrogen consumed currently is produced mostly with fossil fuels.

India govt sets emission limit for hydrogen to qualify as 'green'

19, Aug, 23

The Indian government has set an emission limit of two kilogram carbon-dioxide for every kilogram of hydrogen produced to be classified as "green" from renewable sources, the Ministry of New and Renewable Energy said on Saturday.

Adani Green Energy Q4 net profit surges four-fold to Rs 507 crore

01, May, 23

For the fiscal year 2002-23, the consolidated net profit of the company nearly doubled to Rs 973 crore, from Rs 489 crore in the previous financial year.