Statkraft, Deendayal Port Partner for Green Hydrogen
PORTS & SHIPPING

Statkraft, Deendayal Port Partner for Green Hydrogen

Statkraft, a renewable energy developer, and the Deendayal Port Authority (DPA) have signed a non-binding Memorandum of Understanding (MoU) to explore potential sites for establishing green hydrogen production facilities at Kandla port in Gujarat. The agreement, inked during the Global Maritime India Summit 2023 in Mumbai, marks the initial step in the development of a future green hydrogen hub at Deendayal Port.

India is currently a significant consumer of grey hydrogen, consuming around seven million tonnes annually, making it the world's second-largest hydrogen consumer. As India strives to achieve its net-zero emissions target by 2070, green hydrogen demand is expected to increase in one of the world's fastest-growing economies. This transition will play a vital role in reducing greenhouse gas emissions, particularly in hard-to-abate sectors such as steel, cement, and refineries. Green hydrogen can serve as a sustainable alternative to gray hydrogen, coal, and natural gas in various applications. India's hydrogen demand is projected to reach 12 million tonnes by 2030 and approximately 28 million tonnes by 2050, further emphasising the significance of green hydrogen in the nation's energy landscape.

Statkraft, a renewable energy developer, and the Deendayal Port Authority (DPA) have signed a non-binding Memorandum of Understanding (MoU) to explore potential sites for establishing green hydrogen production facilities at Kandla port in Gujarat. The agreement, inked during the Global Maritime India Summit 2023 in Mumbai, marks the initial step in the development of a future green hydrogen hub at Deendayal Port. India is currently a significant consumer of grey hydrogen, consuming around seven million tonnes annually, making it the world's second-largest hydrogen consumer. As India strives to achieve its net-zero emissions target by 2070, green hydrogen demand is expected to increase in one of the world's fastest-growing economies. This transition will play a vital role in reducing greenhouse gas emissions, particularly in hard-to-abate sectors such as steel, cement, and refineries. Green hydrogen can serve as a sustainable alternative to gray hydrogen, coal, and natural gas in various applications. India's hydrogen demand is projected to reach 12 million tonnes by 2030 and approximately 28 million tonnes by 2050, further emphasising the significance of green hydrogen in the nation's energy landscape.

Next Story
Resources

Madhya Pradesh Champions Inclusive Tourism at Heritage Sites

On the occasion of World Heritage Day, Madhya Pradesh is taking a significant step toward inclusive tourism by making its historical sites accessible to all — especially persons with disabilities. The state is rolling out its ‘Accessibility Infrastructure and Development’ project at Maheshwar, Mandu, Dhar, and Orchha, aiming to create a more welcoming experience at these iconic cultural destinations.The initiative, under the leadership of Chief Minister Dr Mohan Yadav and Tourism Minister Shri Dharmendra Bhav Singh Lodhi, includes infrastructure upgrades such as ramps, Braille signage, w..

Next Story
Resources

Runwal Realty Onboards Sonam Kapoor as Brand Ambassador

Real estate major Runwal has unveiled a refreshed identity as Runwal Realty, signalling a renewed commitment to crafting spaces that stand the test of time. With this refresh, the brand unveils its new philosophy: “Building for Generations to Come” and welcomes Bollywood star and global fashion icon Sonam Kapoor as its brand ambassador. This evolved identity reflects Runwal Realty’s commitment to creating not just homes, but heirlooms—crafted through visionary design, meticulous planning, global design expertise and an unwavering focus on quality. With the customer at its core, each de..

Next Story
Infrastructure Urban

Emerging Trends in Infrastructure and Transport 2025: KPMG

KPMG’s latest report, The Great Reset: Emerging Trends in Infrastructure and Transport 2025 edition, sheds light on the profound changes transforming the global infrastructure landscape. As industries adapt to the challenges posed by climate change, economic pressures, and technological advancements, the report identifies key trends and provides actionable insights for leaders in infrastructure and transport sectors. “In today’s interconnected world, the lack of standardized supply chain practices is not just an operational challenge—it’s an environmental and economic one. We’..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?