Adani Enterprises has strong corporate governance, secure assets and cash flows: Executive
The country's first solid waste-to-hydrogen plant will be set up in Pune at a cost of over Rs 430 crore, an official said on Tuesday. The plant will be set up by sustainability solutions provider TheGreenBillions Ltd (TGBL), who has entered into a 30-year-long agreement with Pune Municipal Corporation (PMC). It will treat 350 tonnes of solid garbage every day by next year, TGBL chairman and founder Prateek Kanakia told PTI here. "Our plan is to produce 10 tonnes of hydrogen daily from 350 tonnes of solid waste. We are setting up the plant at Hadapsar Industrial Estate in Pune. This is the first attempt in India to extract hydrogen from waste," he added. The company will invest Rs 350 crore in setting up the plant and an additional Rs 82 crore will be spent to construct the storage facility and logistics support, Kanakia said. The PMC will Rs 347 per tonne to TGBL as tipping fee to treat the waste, he added. "The first 10 tonne reactor will be installed by November 2023 and the t
Numaligarh Refinery is setting up a plant with a capacity of 300 kg per hour
300 Vande metros, 1000 8-coach Vande Bharats, hydrogen trains in the works
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 company is also aiming to expand aviation gasolene exports to South East Asia
Green H2, tech transfer, and financing discussed at the round table
Armed with substantially lighter balance sheet after repaying Rs 2 lakh crore debt, Essar is embarking on the next phase of growth by investing in hydrogen projects, building LNG import facility and retail chain, and setting up steel plants. Prashant Ruia, director, Essar Capital Ltd, said Essar currently owns businesses in the core sectors of energy, metals and mining, infrastructure, services and technology and its future plans centre around them. It is looking to set up steel plants in Odisha and Saudi Arabia and a facility to import liquefied natural gas (LNG) at Hazira in Gujarat. In the UK, where it owns an oil refinery, the group is setting up a blue hydrogen plant and is exploring opportunities to set up a green ammonia unit in India. Essar has set up a unit to retail LNG to trucks and will set up a chain of outlets dispensing the environment-friendly fuel. "We have completed what is certainly the one of the biggest, if not the biggest, deleveraging exercise by repaying Rs
In an exclusive interview to ANI, Kant said India is making a very major energy transition and is the only country which was able to achieve its NDC targets nine years ahead of schedule
Prime Minister Narendra Modi on Monday laid out his vision of making India the world's third-largest economy with a focus on renewable energy, biofuels and hydrogen as he pivots a roadmap to cut reliance on imported oil and gas. Modi met top oil and gas industry leaders for the annual brainstorming to discuss ideas and initiatives to put India on a sustainable growth path, sources aware of the matter said. The meeting on the sidelines of the India Energy Week here saw the Prime Minister outline his vision to make India the world's third-largest economy from the current fifth-largest. For this, the fuel needed should come from renewables, biofuels and hydrogen. Sources said at the meeting Modi spoke of using 100 per cent renewable energy and increasing blends of ethanol and biofuels in traditional fuels. Also, he talked about making India the world's largest hydrogen-producing nation. Hydrogen is the cleanest known fuel which on burning emits only water and oxygen. Sources said he
Among its renewable energy projects, the Adani group's massive planned investments in green hydrogen would be the easiest to scale back given the government's benign targets
Flagged off by PM Modi at India Energy Week, the vehicle was developed over the past one year and has been under test since August 2022
Researchers have successfully split seawater without pre-treatment to produce green hydrogen. According to the international study, the researchers split natural seawater into oxygen and hydrogen with nearly 100 per cent efficiency, to produce green hydrogen by electrolysis. They used a non-precious and cheap catalyst in a commercial electrolyser, the study said. A typical non-precious catalyst is cobalt oxide with chromium oxide on its surface. "We used seawater as a feedstock without the need for any pre-treatment processes like reverse osmosis desolation, purification, or alkalisation," said Yao Zheng, lead researcher from University of Adelaide, Australia. "The performance of a commercial electrolyser with our catalysts running in seawater is close to the performance of platinum/iridium catalysts running in a feedstock of highly purified deionised water," said Zheng. The team published their research in the journal Nature Energy. "Current electrolysers are operated with high
Green hydrogen will be crucial for India's economic development, energy security and achieving decarbonisation of harder to abate sectors, according to the Economic Survey 2022-23. The survey tabled in the Parliament on Tuesday stated that from the emerging global momentum on green hydrogen, India can situate this decarbonisation opportunity not just within the context of a low-carbon economy but also as an enabler of energy security and economic development for the nation. Green hydrogen will be crucial for achieving decarbonisation of harder-to-abate sectors such as fertilisers, refining, methanol, maritime shipping, iron & steel and long-haul transport, the survey said. Further, the survey said that green hydrogen is also an important element of India's Long Term Low Emissions Development Strategy (LT-LEDS). With a vision to make India an energy-independent nation, and to de-carbonise critical sectors, the government approved the National Green Hydrogen Mission on January 4, ...
Group cos churning Rs 1,100 cr Ebitda a week
It is ironic that a research outfit that has accused the Adani group of financial manipulation is named after a disaster that continues to haunt the world's hydrogen ambitions
The country aims for annual production of 5 million tonnes of green hydrogen and hopes to provide at least 10% of global demand by 2030
Rs 11,000 crore will be invested in green hydrogen and airport projects, Rs 4,100 cr for retiring debt
The company is tapping industry opportunities, such as green hydrogen, the aviation sector and data centers
Jefferies values firm's green hydrogen business at $8 bn