Statkraft, Europe's largest renewable energy company, has joined forces with Deendayal Port Authority (DPA) to establish green hydrogen sites at Kandla Port in Gujarat, India. The two entities have recently signed a Memorandum of Understanding (MoU) to collaborate on this groundbreaking venture.

Under the MoU, Statkraft and DPA will jointly explore the feasibility of setting up hydrogen production facilities powered by renewable energy sources at Kandla Port. These facilities will be designed to produce green hydrogen, a clean and sustainable energy source that can replace conventional carbon-intensive fuels.

Green hydrogen is produced by electrolyzing water using renewable electricity, thereby emitting only oxygen as a byproduct. It can be stored and transported, making it a versatile energy carrier for various applications, including industrial use, transportation, and power generation.

By leveraging its expertise in renewable energy and hydrogen production, Statkraft aims to support India's transition towards a greener and more sustainable energy system. The company plans to deploy its green hydrogen solutions at Kandla Port, leveraging the port's strategic location and proximity to renewable energy resources.

The partnership between Statkraft and DPA aligns with India's ambitious target of achieving 450 gigawatts of renewable energy capacity by 2030. The development of green hydrogen infrastructure at Kandla Port will contribute towards reducing the country's reliance on fossil fuels, promoting energy security, and mitigating greenhouse gas emissions.

DPA, the statutory body responsible for managing and operating Kandla Port, is keen on exploring sustainable energy options to support the port's operations. The adoption of green hydrogen will not only reduce the port's carbon footprint but also create opportunities for job creation and technological advancements in the region.

With the MoU in place, Statkraft and DPA will initiate studies to assess the technical, commercial, and regulatory aspects of the green hydrogen project. The findings from these studies will determine the specific scale and implementation timeline for the project.

Both entities are committed to collaborating with stakeholders, including central and state government agencies, to ensure a smooth and successful execution of the green hydrogen initiatives at Kandla Port.

In conclusion, the partnership between Statkraft and Deendayal Port Authority marks a significant step towards creating green hydrogen infrastructure at Kandla Port. This venture, aligned with India's renewable energy goals, has the potential to revolutionize the energy landscape by enabling the adoption of clean and sustainable fuel alternatives.