1) Reliance Industries
Reliance Industries Limited plans to invest over $10 billion in India’s creation of a comprehensive ecosystem for new energy and materials to reach its net zero emissions goal by 2035. The Dhirubhai Ambani Green energy Giga complex, which would be built on 5,000 acres of land near Jamnagar, is what the business aims to create. This will be the new green ecosystem avenue that Reliance Industries has established.
They have also teamed up with several environmentally friendly companies that will help them with this endeavor. These include REC Solar Holding, Lithium Werks, and Faradion, among many more.
2) GAIL (India)
By the end of 2023, GAIL intends to construct the most significant green hydrogen plant in India in the Guna district of Madhya Pradesh. They want to establish a PEM-based project that would enable the daily production of 4.3 tonnes (10 MW capacity) of green hydrogen, which will be mixed with natural gas and provided to industry.
The most significant energy production in the nation is this 10 MW output. In addition, for use by fertilizer production facilities, this fuel can be sold.
3) National Thermal Power Corporation Limited (NTPC)
The government-owned energy-generating firm NTPC Limited has chosen to expand its business into certain environmentally friendly areas by creating green hydrogen.
A floating solar installation will produce hydrogen using a 240kW solid oxide electrolyzer.
4) Indian Oil Corporation
In the battle to produce green hydrogen, Indian Oil Corporation (IOC) Limited is not far behind. They have decided to replace at least a tenth of their fossil fuel use with hydrogen fuel. They have chosen to build refineries at Panipat and Mathura.
They aim to generate 5 GW of renewable power by the year 2025.
5) Larsen & Toubro
L&T Limited has chosen to build an environmentally friendly hydrogen plant in Gujarat’s Hazira district. There, they want to daily manufacture 45 kg of green hydrogen. The 500kW battery energy storage system and the 990kW DC capacity will provide the energy needed to run this manufacturing area. 15% hydrogen will be added to natural gas as part of the procedure.
By 2025 and 2030, respectively, they intend to achieve water and carbon neutrality.
6) Adani Green Energy
The most well-known company in India’s energy and electricity business is Adani New Industries Limited. To expand their supply of green hydrogen, they have decided to spend more than $50 billion over the next ten years.
They have partnered with French company TotalEnergies for this purpose. By 2030, this new enterprise plans to create 1MT of renewable hydrogen yearly.
7) JSW Steel
JSW Energy, a JSW Steel Limited subsidiary, has teamed up with an Australian business to collaborate on the possible project. 10,000 crores of rupees are suspected to be spent, according to JSW Steel, in the field of renewable energy.
The firm has not provided many specifics, but we expect to see them grow in the green industry.
8) Jindal Stainless
Jindal Stainless Limited has teamed up with Hygenco India Private Ltd. to establish green hydrogen production facilities in order to reach the green hydrogen capacity.
They aim to reduce annual carbon emissions by 2,700 MT. Thanks to this project, they will be the first stainless steel firm in India to employ green hydrogen.
9) Oil & Natural Gas Corporation (ONGC)
In July of 2022, Oil and Natural Gas Corporation Limited and M/s Greenko ZeroC Private Limited (Greenko) signed a memorandum of understanding (MoU) to work together and explore environmentally friendly opportunities for producing green ammonia and other derivatives of green hydrogen.
This Memorandum of Understanding will be in effect for two years, during which time Greenko, an Indian provider of renewable energy, will support ONGC’s green initiative. The National Hydrogen Mission, which seeks to establish India as a global hub for green hydrogen, is supported by this agreement.
10) Bharat Petroleum Corporation
BPCL plans to build a 5 MW electrolyzer in Ahmedabad and Aurangabad using a phased installation strategy in order to produce green hydrogen.
The company’s current steel pipelines will combine this green hydrogen with natural gas. Commercial, industrial, and home uses for this gas are planned. The business solicited bidders for the project because we believe that the key bidders are businesses that manufacture water electrolyzers.
In summary, hydrogen is the most prevalent element in the universe. It is also the simplest, with only one proton and one electron, which explains why it is the most prevalent—long hailed as the fuel of the future, hydrogen.
And this future is nearer than it appears, with several nations joining the US and the EU in the commitment to reduce greenhouse gas emissions by 30% by 2030. As an emission-free fuel and a green energy source to decarbonize other industries, green hydrogen will play a significant role.