MNRE Allocates CPSUs for Green Hydrogen Implementation
POWER & RENEWABLE ENERGY

MNRE Allocates CPSUs for Green Hydrogen Implementation

The Ministry of New and Renewable Energy (MNRE) has allocated Central Public Sector Undertakings (CPSUs) for the implementation of green hydrogen projects across various states. This initiative aims to accelerate the adoption of green hydrogen as a clean and sustainable energy solution in India.

CPSUs such as NTPC Limited, Indian Oil Corporation, Power Grid Corporation, Solar Energy Corporation, and NHPC Limited have been designated to spearhead green hydrogen projects in collaboration with state governments. MNRE's allocation of CPSUs for green hydrogen projects underscores the government's commitment to promoting renewable energy and reducing carbon emissions. Green hydrogen, produced through electrolysis using renewable energy sources, holds immense potential to decarbonise various sectors such as transportation, industry, and power generation.

By leveraging the expertise and resources of CPSUs, MNRE aims to facilitate the deployment of green hydrogen technologies and infrastructure on a large scale. This initiative is expected to catalyze investments in the green hydrogen sector, create employment opportunities, and contribute to India's transition towards a low-carbon economy. MNRE's focus on green hydrogen aligns with India's commitments under the Paris Agreement and its ambitious renewable energy targets. The allocation of CPSUs for green hydrogen projects signals a significant step towards achieving energy security, sustainability, and climate resilience in the country. With concerted efforts from both public and private stakeholders, India can harness the full potential of green hydrogen to drive economic growth and environmental stewardship.

The Ministry of New and Renewable Energy (MNRE) has allocated Central Public Sector Undertakings (CPSUs) for the implementation of green hydrogen projects across various states. This initiative aims to accelerate the adoption of green hydrogen as a clean and sustainable energy solution in India. CPSUs such as NTPC Limited, Indian Oil Corporation, Power Grid Corporation, Solar Energy Corporation, and NHPC Limited have been designated to spearhead green hydrogen projects in collaboration with state governments. MNRE's allocation of CPSUs for green hydrogen projects underscores the government's commitment to promoting renewable energy and reducing carbon emissions. Green hydrogen, produced through electrolysis using renewable energy sources, holds immense potential to decarbonise various sectors such as transportation, industry, and power generation. By leveraging the expertise and resources of CPSUs, MNRE aims to facilitate the deployment of green hydrogen technologies and infrastructure on a large scale. This initiative is expected to catalyze investments in the green hydrogen sector, create employment opportunities, and contribute to India's transition towards a low-carbon economy. MNRE's focus on green hydrogen aligns with India's commitments under the Paris Agreement and its ambitious renewable energy targets. The allocation of CPSUs for green hydrogen projects signals a significant step towards achieving energy security, sustainability, and climate resilience in the country. With concerted efforts from both public and private stakeholders, India can harness the full potential of green hydrogen to drive economic growth and environmental stewardship.

Next Story
Infrastructure Urban

Karnataka Seeks Rs.5,000 Crore World Bank Aid for Disaster Resilience

To strengthen Bengaluru's status as a global IT-BT hub while addressing its vulnerability to natural disasters, the Karnataka government has sought Rs.50 billion in financial assistance from the World Bank under a proposal called the Disaster Resilience Initiative. Of this, Rs.35 billion is earmarked for Bengaluru, with the remaining Rs.15 bilion allocated for disaster-prone cities like Belagavi and Mangaluru. According to government officials, Rs.25 billion will go to the Bruhat Bengaluru Mahanagara Palike (BBMP) for modernising the city’s stormwater drains, which have been neglected for t..

Next Story
Building Material

JSW Group and POSCO to Establish Greenfield Steel Plant in Keonjhar

Odisha Chief Minister Mohan Charan Majhi announced that JSW Group, in collaboration with South Korean steel giant POSCO, will set up a greenfield steel facility in his home district of Keonjhar. This development follows speculation regarding the location of the joint venture. During his two-day visit to Keonjhar to celebrate Diwali, Majhi disclosed that discussions about the steel plant took place during roadshows for the upcoming Make-in-Odisha conclave held in Delhi and Mumbai. He confirmed that the two companies have signed a Memorandum of Understanding (MoU) to establish the plant, which w..

Next Story
Infrastructure Energy

Coal India Eyes Dividend Return

Coal India Ltd. (CIL) is optimistic about rejoining the list of dividend-paying companies, primarily due to a notable improvement in the performance of its subsidiary, Eastern Coalfields Ltd. (ECL). ECL’s operational efficiency and financial performance have seen considerable progress, contributing positively to CIL’s overall profitability. After missing its dividend payout last year—a rarity given its history as a reliable dividend stock—CIL is working to restore shareholder confidence through enhanced production targets and cost-cutting measures. ECL's focused strategy on boosting pr..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000