Union Minister for Steel and Civil Aviation virtually inaugurated India’s first green hydrogen plant in stainless steel sector. The plant has been commissioned by Hygenco at Jindal Stainless’s Hisar facility. The minister highlighted the national green hydrogen mission’s support for pilot projects in the steel sector, with a budget of approximately Rs 5 billion until the fiscal year 2029-30.
In addition to becoming the first off-grid green hydrogen plant for the stainless steel sector globally, this plant will also be the first to combine rooftop and floating solar. The project has a target of cutting carbon emissions by roughly 2,700 metric tonnes annually and 54,000 tonnes of emissions over the next 20 years.
Recently, in February 2024, NTPC Green Energy Limited entered into a land lease agreement with Andhra Pradesh Industrial Infrastructure Corporation to establish an integrated green hydrogen hub.
