“We’re ready to support our customers’ energy transition—whether from electrons or molecules”: Thermax executive VP
Arun Unni, Executive Vice President and Business Head – New Energy & Head of Strategy at Thermax, speaks to pv magazine about the evolving green hydrogen market, electrolysis economics, and the company’s ambitions in this space through global technology tie-ups. He also discusses the emerging carbon credit trading system and new opportunities for Thermax in biomass, sustainable fuels, and round-the-clock renewable energy solutions.
Greenzo Energy, Lord’s Mark Industries to collaborate on 60 MW green hydrogen projects in Uttar Pradesh
Greenzo Energy India and Lord’s Mark Industries have signed a Memorandum of Understanding (MoU) to jointly develop around 60 MW of green hydrogen capacity, along with integrated solar rooftop projects coupled with battery energy storage systems.
India’s FY2027 budget shifts focus from renewable deployment to manufacturing, but execution challenges persist, says Wood Mackenzie
Clean energy spending rises 40% to $5 billion as government prioritises CCUS, domestic supply chains and strategic manufacturing. However, execution delays and underutilisation of allocated funds could limit the near-term impact, according to an analysis by Wood Mackenzie.
Advait Greenergy signs MoUs for green hydrogen technology, storage, and EPC
Advait Greenergy has partnered with electrolyser technology providers Switzerland-based CENMAT and US-based Power to Hydrogen Inc. (P2H2), India-based EPC firm JESCO Projects, and hydrogen storage specialist VJ Industries to support the development of green hydrogen projects in India.
The Hydrogen Stream: NTPC Green signs MoU with Assago Industries for green ammonia supply
NTPC Green Energy Ltd (NGEL) has signed a Memorandum of Understanding (MoU) with Assago Industries for the supply of green ammonia, CO₂, renewable power, and other utilities to support the production of 1,000 tonnes per day (tpd) of green urea.
India’s Union Budget 2026–27 removes customs duty on solar glass inputs, lithium battery cell machinery, and critical minerals processing equipment
India’s Union Budget 2026–27 extends basic customs duty (BCD) exemptions on the import of capital goods used for lithium-ion cell production for battery energy storage systems (BESS), as well as capital goods required for processing critical minerals. It also removes the 7.5% BCD on sodium antimonate used in solar glass manufacturing.
Carbon steel pipes: The backbone of India’s expanding energy and infrastructure grid
The role of carbon steel pipes in India’s energy and infrastructure grid will continue to evolve alongside the country’s development priorities. As networks expand and operating conditions become more demanding, value will be defined not by capacity alone, but by lifecycle performance, reliability, and sustainability.
Oswal Greenzo Energies secures India’s first port-based 5 MW green hydrogen project at Deendayal Port, Kandla
Oswal Greenzo Energies, a joint venture between Oswal Energies Ltd and Greenzo Energy India Ltd, has been awarded a contract for the design, supply, installation, testing, and commissioning of a 5 MW green hydrogen plant at Deendayal Port, Kandla. The facility will be India’s first green hydrogen plant located at a major port, positioning Deendayal Port as an early mover in maritime decarbonisation.
Electrolyser selection and balance-of-plant engineering for renewable integrated hydrogen projects
Green hydrogen will scale not through isolated technology breakthroughs, but through disciplined engineering execution. Projects that embed electrolysers within robust, flexible, and future-ready Balance-of-Plant architectures will define the next phase of industrial decarbonisation and renewable energy integration worldwide.
India requires $145 billion in annual energy investment to bridge growth and climate targets
India must mobilise around $145 billion in annual energy investment to sustain economic growth while pushing its net-zero ambitions. The bulk of this capital will be directed toward scaling up renewable power generation, grid infrastructure modernization, and energy storage, according to Wood Mackenzie.
