India’s leading renewable energy developer Renew Power is keen to set up a green hydrogen production plant in Madhya Pradesh, the Indian State which is home to 750 MW Rewa Solar Park and has a cumulative 4,450 MW of new solar park capacity under construction.
The company is ready to invest INR 18,000 crore (US$ 2414.29 million) in building a green hydrogen plant with a production capacity of 50 kilotonnes per annum in the State.
Sumant Sinha, chairman and managing director of Renew Power, recently met Madhya Pradesh chief minister Shivraj Singh Chouhan to discuss the possibilities of producing green hydrogen in Madhya Pradesh.
If realized, the proposed 50 ktpa green hydrogen plant will probably be the first project of this capacity in the world. It will provide employment to about 2,000 people.
Sinha said that green hydrogen produced from green energy is very useful from the point of view of environmental protection. Considering the abundant solar and wind energy available in Madhya Pradesh, there is ample potential for green hydrogen production in the state.
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