Waaree Group has started building its alkaline electrolyser manufacturing facility in Gujarat. The facility will initially commence operations with a production capacity of 300 MW.
Finance minister Nirmala Sitharaman has submitted Union Budget 2025-26, which proposes customs duty exemption for waste and scrap of lithium-ion batteries and critical minerals.
Regulatory and fiscal incentives to set up specialized labs in collaboration with leading international and domestic research institutions, reduction of Goods and Services Tax (GST) on turbines and solar modules, and ISTS charges waiver extension are on the budget wishlist of the renewable energy industry in India.
Avaada Group has collaborated with Switzerland-headquartered ammonia technology specialist Casale to develop a 1,500 tons per day (tpd) green ammonia plant in Gopalpur, Odisha.
Advait Energy Transitions will set up a 2,000 mtpa green hydrogen plant on a turnkey basis and provide operation and maintenance (O&M) services for the plant for one year from commissioning.
Solar Energy Corp. of India Ltd (SECI) has issued Letters of Award for incentives to set up electrolyzer manufacturing capacities under tranche II of the Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme.
The widespread adoption of hydrogen energy has the potential to reduce India’s annual greenhouse gas emissions by 50 million tonnes by 2030. This transition will not only contribute significantly to global climate goals but also drive economic growth through job creation, increased energy security, and enhanced industrial competitiveness.
Waaree Energies’ board of directors has approved investment in setting up a 300 MW electrolyzer manufacturing plant and a 3.5 GWh Lithium-ion battery cell manufacturing plant.
Maharashtra-based construction engineering company Ashoka Buildcon has committed an investment of INR 9,000 crore in setting up a green hydrogen production plant in Bihar.
India’s target of achieving 5 million tonnes per annum of green molecule production by 2030 presents an investment opportunity of INR 8-10 trillion across building the infrastructure for electrolyzer production, renewable energy generation and green molecule production.
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