NTPC Green Energy Ltd has invited an Expression of Interest from manufacturers of products used in generation and storage of green hydrogen or its derivatives, to set up manufacturing facilities in Andhra Pradesh. The facilities will come up within the green hydrogen hub being developed by NTPC in Pudimadaka, Achutapuram.
The Scheme targets the electrification of 100,000 un-electrified households in tribal areas by providing off-grid solar solutions free of cost. The solutions will be installed in areas where electricity supply through the grid is not techno-economically feasible.
Adani Green Energy will invest INR 24,500 crore in setting up three pumped storage plants with a cumulative capacity of 4.9 GW in Tamil Nadu.
JSW Energy will expand its footprint in Tamil Nadu with a further investment of INR 12,000 crore in RE projects, including 1 GW of pumped storage and 1 GW of wind power generation.
Bhavish Aggarwal, chief executive officer of Ola Electric, announced their lithium battery cell gigafactory in Tamil Nadu will become operational next month.
Average sales prices of Chinese power cells at the end of 2023 were half of what they were at the start of the year, according to TrendForce. Despite the drop, the research firm says prices should stabilize in the second half of 2024.
Erisha E Mobility will invest INR 6,900 crore in setting up an electric vehicle park, charging infrastructure, and green hydrogen production facilities in Gujarat.
Advait Infratech will invest in the manufacturing and assembly of fuel cells and electrolyzers in Gujarat. Waaree will set up a green hydrogen/green ammonia production facility along with hybrid (solar, wind) renewable energy generation.
Torrent Power will invest INR 47,350 crore (around $5.7 billion) in green hydrogen and green ammonia production, solar and hybrid power generation, and power distribution in Gujarat.
Erisha E Mobility will set up a green hydrogen ecosystem in Gujarat with an investment of INR 5,000 crore (over $600 million).
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