NamasteGreenIndia Indian multinational EssarGroup plans to invest 300…

NamasteGreenIndia Indian multinational EssarGroup plans to invest 300 billion rupees ($3.6bn) into building out 1GW of electrolyser capacity in the city of Jamnagar in the western state of Gujarat.

This plant will be powered by 4.5GW of renewable energy from subsidiary Essar Renewables, although it is unclear whether these assets will be newbuild or sourced from the power company’s existing portfolio.

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Originally published on LinkedIn on 2024-06-22 02:48:21: https://www.linkedin.com/feed/update/urn%3Ali%3Ashare%3A7210111342920323074

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