NTPC Green Energy to set up green hydrogen hub near Vizag [Video]

NTPC Green Energy to set up green hydrogen hub near Vizag
#ntpc #greenenergy #renewableenergy #greenhydrogen #greenenergy #andhrapradeshnews #ministry #businessnews #englishnews #newsupdate

NTPC Green Energy Ltd (NGEL) on Tuesday signed a land lease agreement with Andhra Pradesh Industrial Infrastructure Corporation (APIIC) for setting up an intergrated facility for the production of green hydrogen.

The hydrogen hub, to be set up on a 1,200 acre land parcel near Pudimadaka village in Visakhapatnam, will the largest such facility in India.

NGEL proposes to create a state-of-the-art ecosystem for production and export of green hydrogen and its derivatives such as green ammonia and green methanol, with facilities for the manufacture of electrolysers and fuel cells.

Besides, it will house related ancillary industries, start-ups, incubation and testing facilities.

The government is implementing a National Green Hydrogen Mission, with an outlay of Rs19,744 crore, aiming to make India a global hub for production, usage and export of green hydrogen and its derivatives.

NTPC Green Energy Limited (NGEL), the renewable energy arm of state-owned power utility, NTPC Ltd, has been formed with the objective of adding renewable power capacity to its total installed capacity.
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