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Indian Ports Attract Over 20 EoIs for Green Hydrogen Projects

6 Sept 2023

India's Ministry of Ports, Shipping, and Waterways (MoPSW) Receives Strong Interest

India's Ministry of Ports, Shipping, and Waterways (MoPSW) has received more than 20 Expressions of Interest (EoIs) from companies eager to participate in green hydrogen initiatives, storage solutions, bunkering, and refueling projects at three of its major ports: Kandla, Tuticorin, and Paradeep.

Kandla's Green Hydrogen Potential

Among these expressions of interest, over 15 are specifically targeted at Kandla's Deendayal Port, where approximately 26,000 acres of land are expected to be allocated for green hydrogen ventures. The port will follow a landlord model, with port authorities owning the land while private companies develop common infrastructure. Private players will be responsible for hydrogen storage, production, and sales. Investments of over ₹700 crore are anticipated in Kandla for the development of this green hydrogen park.

Tuticorin's Green Hydrogen Plans

In Tuticorin, also known as VO Chidambarnar Port, around 224 acres of land have already been leased to ACME Cleantech Solutions for the generation of green hydrogen and green ammonia, with expected investments exceeding ₹52,000 crore. An additional 10 acres have been leased to ReNew Energy at VO Chidambarnar. These projects are among the 20 or more companies participating in the EoIs issued by the port.

Green Hydrogen Production and Process

To produce green hydrogen, renewable energy sources such as solar or wind power are essential. Green hydrogen is typically produced through electrolysis, a process that involves splitting water into hydrogen and oxygen atoms. Crucially, this process relies on renewable energy sources to power electrolysis.

2030 Vision for Green Hydrogen Bunkering

The MoPSW has set a target of establishing green hydrogen bunkering and refueling facilities at these three major ports by 2030. Their long-term plan extends to all 12 major ports in India, with the aim of having such facilities in place by 2035.

As India accelerates its efforts in the green hydrogen sector, these expressions of interest mark a significant step toward a sustainable and environmentally friendly future. With strong investor interest and ambitious goals, India's journey into green hydrogen production and storage is poised to make a substantial impact on the country's energy landscape.

India's Ministry of Ports, Shipping, and Waterways has garnered substantial interest from companies looking to participate in green hydrogen projects at its major ports. With ambitious plans and significant investments on the horizon, India is positioning itself as a key player in the green hydrogen sector, driving sustainable and eco-friendly solutions for its energy needs.

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