Published On:January 13 2024
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"Adani Secures Order from SECI to Establish Electrolyser Facility for Green Hydrogen"
Adani Enterprises' subsidiary has secured a significant order from the Solar Energy Corporation of India (SECI) to establish electrolyser manufacturing capacity, benefiting from the Production Linked Incentive Scheme for green hydrogen.
Under the Strategic Interventions for Green Hydrogen Transition Scheme, the subsidiary is mandated to set up an annual capacity of 198.5 megawatts. The facility's construction must be completed within a 30-month period from the date of the order letter. The maximum incentive allocated over five years from the commissioning date is set at ₹293.78 crore.
Adani New Industries, the subsidiary responsible for the project, plans to implement an alkaline electrolyser facility utilizing indigenous technology. The Adani Group, with a strong focus on renewable energies, particularly green hydrogen, has already invested over $2.5 billion in developing a backward integrated value chain for its ambitious green hydrogen project.
The first phase of the project, with an annual capacity of 1 million tons, is on track for implementation by FY27. The long-term goal is to scale up the capacity to 3 million tons over the next decade, with a substantial investment of $50 billion. The location for the green hydrogen plant is Mundra in Gujarat.
The backward integration strategy involves creating a fully integrated value chain encompassing solar and wind energy, electrolysers, and associated equipment for the generation of green hydrogen and its sustainable derivatives. Adani's commitment to this comprehensive approach underscores its dedication to driving the renewable energy transition in India.
HBL