RIL, L&T, Greenko, Welspun Plan ₹1 Lakh Crore Green Hydrogen Hub at Kandla Port

10 Apr 2024 , 11:49 AM

According to persons familiar with the situation, Reliance Industries Ltd (RIL), Larsen and Toubro (L&T), and energy businesses Greenko Group and Welspun New Energy would establish green hydrogen and green ammonia facilities at Gujarat’s Deendayal Port Authority (DPA) in Kandla. According to three industry executives familiar with the initiative, the project might attract a total investment of up to ₹1 Lakh Crore.

According to three industry executives familiar with the initiative, the project might attract a total investment of up to ₹1 Lakh Crore. This would be one of the greatest investments in the industry and energy infrastructure arena in India.

In October last year, the port authorities received expressions of interest for 14 property lots measuring 300 acres apiece. Each parcel was allocated one million tonnes per year (MTPA) of green ammonia. According to the individuals indicated above, DPA allocated the plots to the four corporations last month.

“DPA offered 14 plots covering around 4,000 acres of land in total. RIL has been allocated six plots, L&T five, Greenko Group two, and Welspun New Energy one. These four companies placed the highest bids in the auction,” stated one of them.

The material has not been made public since the Model Code of Conduct is in effect ahead of the general election. According to the sources indicated above, an official announcement would be made in June following the polls.

Kandla Port aims to produce 7 MTPA of green ammonia and 1.4 MTPA of green hydrogen. DPA, located in the Gulf of Kutch, is an important port on the country’s west coast. Green hydrogen (GH2) is produced by electrolyzing water using renewable energy sources, which emits no greenhouse emissions.

This is part of a global push to make green hydrogen the fuel that can assist governments in meeting their net-zero emission commitments, as water is the sole consequence. Ammonia is the largest end-user category for green hydrogen and plays an important role in large-scale GH2 production.

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