NamasteGreenH2India Plans for export of Green H2 and Ammonia.
Bharat_Petroleum Corporation Limited (BPCL)
BPCL has formed joint ventures with Sembcorp_Green Hydrogen India and GPS Renewables to advance its renewable energy and green hydrogen projects. The collaboration with Sembcorp aims to develop, build, and operate renewable energy and green hydrogen projects across India. Additionally, BPCL’s partnership with GPS Renewables focuses on establishing compressed biogas (CBG) plants. These initiatives are part of BPCL’s strategy to diversify its operations and contribute to India’s energy transition goals.
Reliance Industries:
Partners: Seeking various technology partners.
Plans: Aiming to become a net carbon-zero firm by 2035, Reliance is investing heavily in renewable energy, including green hydrogen.
Indian Oil Corporation (IOC):
Partners: Collaborating with GPS Renewables.
Plans: Working on multiple green hydrogen projects to produce green hydrogen on a commercial scale.
GAIL (India) Limited:
Partners: Not specified.
Plans: Developing green hydrogen production facilities.
Mangalore Refinery and Petrochemicals Limited (MRPL):
Partners: Not specified.
Plans: Establishing a green hydrogen unit in Mangaluru, aiming to produce 500 tonnes annually by 2026.
Oil India Limited (OIL):
Partners: Not specified.
Plans: Announced a significant investment plan to achieve net-zero emissions, including setting up green hydrogen plants.
These initiatives reflect a strong commitment from India’s oil companies to transition towards sustainable energy solutions and reduce carbon emissions. It’s encouraging to see such robust efforts towards a greener future!
Originally published on LinkedIn on 2024-09-24 05:50:42: https://www.linkedin.com/feed/update/urn%3Ali%3Ashare%3A7244221690883305472
NamasteGreenH2India has taken significant steps to promote green hydrogen production. Under a $ 2 billionUSD scheme, the government plans to incentivize GreenH2 fuel producers by providing at least 10% of their costs as subsidies. This initiative aims to reduce carbon dioxide emissions and position India as a major exporter in the green hydrogen sector.
1. GreenHydrogen Subsidies
Scheme: India has launched a US$ 2 billion scheme to promote green hydrogen production.
Subsidies: Producers of green hydrogen will receive at least 10% of their costs as subsidies.
Companies Involved: Fourteen companies have submitted bids for incentives under India’s GreenHydrogenMission. These companies include:
Acme Cleantech
Avaada GreenH2
Bharat Petroleum Corp
CESC
Greenko ZeroC
JSW Energy
Reliance Industries
Sembcorp Green Hydrogen
Torrent Power
2. Electrolyser Manufacturing Incentives
Companies Involved**: Twenty companies have entered bids for incentives related to electrolyser manufacturing. These companies include:
Adani Group
Acme Cleantech Solutions
Advait Infratech
Bharat Heavy Electricals
Jindal India
Larsen & Toubro
Ohmium Operations
Reliance Industries
Waaree Energies
These incentives were announced by the Solar Energy Corporation of India (SECI).
Originally published on LinkedIn on 2024-08-23 13:24:49: https://www.linkedin.com/feed/update/urn%3Ali%3Ashare%3A7232739561636806658
