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Is India ready to tap $ 45 bn hydrogen equipment market?
Floodgates of opportunities are expected to open for Indian process equipment manufacturers with 135 hydrogen plants planned for deployment by 2030. With an aim to corner significant share of the potential $ 45-50 billion green hydrogen equipment market, many companies are leveraging on their engineering expertise and manufacturing capabilities to serve Indian as well as global markets, says Rakesh Rao.Read more
China dominates global low-carbon hydrogen production, IEA Report
China's installed electrolyser capacity has surged in recent years, reaching 1.2 gigawatts, which accounts for a staggering 50% of the world's total capacity.Read more
Avaada Energy gets LoI for 400 MW DC Solar Project from GUVNL
The company has won 200 MW under base capacity at a tariff of Rs 2.75/kWh and another 200 MW under green shoe option at a tariff of Rs 2.71/kWh from GUVNL under tariff-based competitive bidding process followed by an e-Reverse auction. Read more
Nuberg EPC bags Chemfab Alkalis’ 250 TPD chlor-alkali plant project
The project - which will be located at Karaikal, Puducherry - will be Nuberg EPC's first greenfield caustic soda project delivery in India.Read more
L&T and HydrogenPro to produce hydrogen electrolysers in India
Larsen & Toubro (L&T) has entered a Memorandum of Understanding (MoU) with HydrogenPro AS, a Norway-based leading electrolyser technology and manufacturing company for partnership to tap the emerging Green Hydrogen market.Read more