green hydrogen
The Indian government is making a lot of efforts to promote green energy in the country. The government is also making new announcements ranging from electric vehicles to retooling green energy sources. The government is trying to clean up the air in the country. In this series, the government is going to start Hydrogen Valley in collaboration with a company.
Gensol Engineering has announced that it has secured the contract to set up India’s first Green Hydrogen Valley project in Pune in collaboration with Matrix Gas and Renewables Limited. According to information provided to BSE, the green hydrogen production plant will be set up on a build-own-operate (BOO) basis using electrolysis.
The company provided information.
Anmol Jaggi, Managing Director, Gensol Engineering, said that the Government of India has taken a major step in promoting these Hydrogen Valleys through the Department of Science and Technology (DST). We are going to supply green hydrogen 24×7 to the specialty chemicals sector in Pune, Maharashtra to develop the green hydrogen economy in India. Green Hydrogen Valley in Kurkumbh region is supported by the National Chemical Laboratory (NCL), Pune.
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The government has introduced a policy on green hydrogen.
The Central Government had notified the Green Hydrogen and Green Ammonia Policy on February 17, 2022. With the help of this policy, the government wants to increase the domestic production of green hydrogen to 5 million tonnes by 2030. In the long term, the government aims to make India an exporter of clean fuel. Green hydrogen is prepared from water. In this water, water is broken down into hydrogen and oxygen. To realize this vision of the government, the country’s largest oil company, Indian Oil Corporation (IOC), will set up green hydrogen plants at its Mathura and Panipat refineries by 2024 to replace carbon-emitting units.
