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Indian states have been undertaking several policy actions to attract investments into their state and support the Ministry of New and Renewable Energy (MNRE) and the National Green Hydrogen Mission. States such as Maharashtra, Uttar Pradesh, Andhra Pradesh, Rajasthan, and West Bengal have adopted comprehensive policies to boost green hydrogen production and investment. Madhya Pradesh and Odisha have integrated green hydrogen into their renewable energy policies. Other states, including Gujarat, Punjab, Haryana, Bihar and Assam have prepared draft policies, while Karnataka, Himachal Pradesh, Tamil Nadu, and Kerala are in the process of formulating their policies and are engaging in initial projects by offering incentives and subsidies, giving a first-mover advantage to projects within their regions. India's announced green hydrogen production for 2030 stands at 7.3 MMT (As of April, 2024). Furthermore, the Ministry of Ports, Shipping, and Waterways is developing three major ports—Kandla, Tuticorin, and Paradip—as hydrogen hubs to facilitate export-driven demand. Additionally, Gopalpur, with partners like ACME, Hygenco, and Avaada; Visakhapatnam with NTPC; and Kakinada with AM Green, Mundra with Adani are emerging as potential centers for the production, utilization, and adoption of green hydrogen and its derivatives. Green Hydrogen Organisation - GH2 Joe Williams Jonas Moberg Vanina Morrison Nishaanth Balashanmugam Simran SINHA Caroline Biotteau Sam Bartlett Bénédicte De Caro Mridul B. Parth Sharma #GreenHydrogen #Sustainability #GH2 #RenewableEnergy

Reliance Industries Ltd. (RIL) giving push to green energy☘️⚡️🚀 RIL would be making new investments in renewable energy and green hydrogen areas in Tamil Nadu. Why RIL is choosing Tamil Nadu for investment?👇 >Ambani says that Tamil Nadu has become one of the most business friendly states in the country under the leadership of Thiru Stalin. >The state has witnessed shining progress in industry, agriculture and services and is contributing to all around progress and prosperity of India. The future plans of RIL towards green energy:🤝 >RIL has committed to $10 billion of investment over three years in the new energy business. >It aims to become net carbon zero by 2035. #relianceindustries #investment #greenenergy #renewableenergy #ambani #tamilnadu

As it closes in on one year since our #Cabinet and Hon. #MNRE launched India's National Green Hydrogen Mission, we reflect on the year comprising a lot of 'firsts' for this sector in the country. 1️⃣💡MISSION - #NGHM, released in January, set a target of 5 MMTPA of GH2 production in India by 2030. The Green Hydrogen #standard was subsequently released in August stipulating a well-to-gate emission threshold of 2 kg CO2e/kgH2 as a 12-month average. While details on implementation are awaited, these provide strong and visionary direction for the industry. 2️⃣📃 POLICY - #StatePolicies in Andhra Pradesh, Uttar Pradesh, Odisha were released, with Rajasthan, Gujarat and Tamil Nadu among others in draft/development stage. While some of interventions are stronger than others, this sets the sub-national activities in motion, forming the bedrock of the industry. 3️⃣💰 INCENTIVES - Two SECI tenders were released in July facilitating 450 KTPA in GH2 #production and 1,500 MW of #electrolyser manufacturing, both with production #incentives. Despite strong debate on the quantum of the incentives, these tenders were well subscribed triggering a competitive landscape among domestic and foreign participants, and established companies and younger startups alike. 4️⃣🔋 TECHNOLOGY - The government and CPSUs flagged off hydrogen #FuelCell #buses and refuelling stations in New Delhi, Leh and Ladakh, cheered by auto OEMs, fuel cell manufacturers, energy producers as well as the R&D community. Plenty more to come on #disruptive technology for production, storage and logistics of hydrogen. 5️⃣🚩 OFFTAKE - We saw industrial offtake taking shape with GH2 procurement tenders floated by #refineries and #steel manufacturers. Every tender drew strong attention - some positive, and others ambivalent. In 2️⃣0️⃣2️⃣4️⃣, we hope to see stronger bilateral ties for India being forged 🤝🏻, especially for exports of green commodities 🛳; detailed implementation roadmaps being tabled 📄; a domestic electrolyser manufacturing industry being established 🏭; and on-ground project development beyond feasibility studies taking place ⚙️. Happy New Year! 📢 Personal views.

Who will cry when #coal will die? India hasn't committed to coal phase-out. But it'll inevitably happen when the share of #RenewableEnergy increases in the electricity grid. A paper by Rohit Chandra and Sanjay Mitra for National Institute of Public Finance and Policy (NIPFP) shows as net flow of electricity moves towards RE-rich states, the coal ones will face combined fiscal deficit of 8.66%. This means severe revenue hit to states like Jharkhand, Chhattisgarh, Odisha. Another significant blow is the loss of #jobs. As mines will close, not all will find alternate employment oppurtunities, in the same or allied sectors - especially the unskilled staff working in coal mining. Coal India Limited is though confident there is no immediate threat to employment. Except Jharkhand, no other state has taken a govt level step towards #JustTransition. It would not necessarily require a legislations but an underlying change in policy planning. Because a transition is inevitable, decisions made in this decade will decide if it's just or not. Shiva Rajora and I write: https://lnkd.in/gRvZvmzq

Adani Group plans to allocate over 70% of its total investments towards green energy initiatives, including renewable power, green hydrogen, and green evacuation transmission lines.  The conglomerate is set to invest $14 billion (Rs 1.2 lakh crore) in the 2024-25 financial year across its portfolio of 11 listed companies, marking a 40% increase from the previous year's investment.  Notably, Adani is constructing the world's largest renewable park in Khavda, Gujarat, covering an area of over 530 square km. With major projects like the Navi Mumbai Airport and Ganga Expressway, Adani aims to invest $100 billion over the next 7-10 years, significantly impacting India's energy and transportation sectors. #TheOpenFeed #NewsUpdates #News #BreakingNews #DailyUpdates #newsdaily #stockmarket #sharemarket #banking #finance

🚨 India's Methanol programme takes a leap forward Bharat Heavy Electricals Limited (BHEL) has secured an order to demonstrate methanol firing in a gas turbine at NTPC's 350 MW Kayamkulam Combined Cycle Power Plant in Kerala. This first-of-its-kind project in India aims to revive unutilized gas turbine sets nationwide. Why This Change? The 'Methanol Economy' programme, driven by NITI Aayog, aims to reduce India's oil import bill and greenhouse gas emissions. Methanol, though slightly lower in energy content than petrol and diesel, can replace these fuels in transport, energy, and retail cooking sectors. Blending 15% methanol in gasoline can cut gasoline/crude oil imports by at least 15% while reducing GHG emissions by 20%, significantly improving urban air quality. Furthermore, blending 20% DME in LPG could save Rs 6000 crore annually and reduce consumer costs. BHEL's scope includes technology support, equipment supply, associated auxiliaries, and erection and commissioning. The methanol firing demonstration is planned in two phases: Phase I involves testing methanol firing at 30-40% load over 12 months, while Phase II will aim for 100% load based on initial results. Key project equipment will be provided by BHEL’s Hyderabad units. India Hydrogen News #methanol #hydrogen #india #bhel

Adani Group plans to allocate over 70% of its total investments towards green energy initiatives, including renewable power, green hydrogen, and green evacuation transmission lines.  The conglomerate is set to invest $14 billion (Rs 1.2 lakh crore) in the 2024-25 financial year across its portfolio of 11 listed companies, marking a 40% increase from the previous year's investment.  Notably, Adani is constructing the world's largest renewable park in Khavda, Gujarat, covering an area of over 530 square km. With major projects like the Navi Mumbai Airport and Ganga Expressway, Adani aims to invest $100 billion over the next 7-10 years, significantly impacting India's energy and transportation sectors. #TheOpenFeed #NewsUpdates #News #BreakingNews #DailyUpdates #newsdaily #stockmarket #sharemarket #banking #finance

I have started doing SIP in Reliance Will continue to add if it stays below 3,000₹ mark(20Lakh Crore Mcap) Even though it is the biggest company by mcap I still believe there is good growth potential in the business. As Reliance Industries Limited has a history of entering the right business at the right time. (Textile - Oil - Retail/Telco - Green Energy) And it would create huge wealth for investors if it plans for Demeger. #Reliance #Investing #SIP

Exciting news out of Gandhinagar today.! KP Group & Government of Gujarat under the banner of Vibrant Gujarat, signed historic MoU to install 2.6+GW of Solar, Wind & Hybrid Power Plant in Gujarat. Also, paving way for Group's first Green Hydrogen plant. What does this mean? Clean Energy Boost: This project will significantly reduce India's dependence on fossil fuels and promote clean energy production, contributing to India's decarbonization goals. Import Reduction: By harnessing local renewable resources, we can lessen India's reliance on imported fossil fuels. Tech Leadership: This initiative solidifies India's position as a leader in renewable energy technology and market development. Economic Benefits: With an estimated investment of 17,690 crore rupees in the state this project will be a major economic driver for Gujarat. Employment: To the tune of 13,750 jobs will be created in Gujarat by the year of 2026. MoU was signed on January 3rd, 2024. This collaboration between KP Group and the Government of Gujarat marks a significant step towards India's green energy future. Let's celebrate this exciting progress and keep pushing for a sustainable tomorrow! #GreenHydrogen #RenewableEnergy #Gujarat #SustainableDevelopment #india #KPGroup #Farukpatel #drfarukpatel

Exciting news out of Gandhinagar today.! KP Group & Government of Gujarat under the banner of Vibrant Gujarat, signed historic MoU to install 2.6+GW of Solar, Wind & Hybrid Power Plant in Gujarat. Also, paving way for Group's first Green Hydrogen plant. What does this mean? Clean Energy Boost: This project will significantly reduce India's dependence on fossil fuels and promote clean energy production, contributing to India's decarbonization goals. Import Reduction: By harnessing local renewable resources, we can lessen India's reliance on imported fossil fuels. Tech Leadership: This initiative solidifies India's position as a leader in renewable energy technology and market development. Economic Benefits: With an estimated investment of 17,690 crore rupees in the state this project will be a major economic driver for Gujarat. Employment: To the tune of 13,750 jobs will be created in Gujarat by the year of 2026. MoU was signed on January 3rd, 2024. This collaboration between KP Group and the Government of Gujarat marks a significant step towards India's green energy future. Let's celebrate this exciting progress and keep pushing for a sustainable tomorrow! #GreenHydrogen #RenewableEnergy #Gujarat #SustainableDevelopment #india #KPGroup #Farukpatel #drfarukpatel