Maharashtra clears 937 hectares for Gadchiroli steel expansion Steel stock surges 29% in just two days Steel output rises 14% to 9.25 MT Infrastructure boom fuels India’s steel consumption
NTPC's subsidiary NGEL signed an agreement with the Andhra Pradesh government to build an integrated green hydrogen centre. The land lease agreement for the project, located near Pudimadaka village in Atchutapuram Mandal in Visakhapatnam district, was signed by NTPC Green Energy Limited (NGEL) and Andhra Pradesh Industrial Infrastructure Corporation (APIIC).
"The Pudimadaka Green Hydrogen Hub aims to create a world-class ecosystem for technologies in the new energy paradigm, such as electrolyser and fuel cell manufacturing, related ancillary industries, startup, incubation, testing facilities, production and export of green hydrogen and its derivatives (green ammonia/green methanol etc.)," the statement said.
The project entails building the biggest green hydrogen production facility in India, which would be used to produce hydrogen derivatives such as green methanol and ammonia, mostly for export.
The largest power utility in India, NTPC, specialises in power generation and has 74 GW of installed capacity overall (including through joint ventures and subsidiaries). NGEL is a wholly-owned subsidiary of NTPC with an operational capacity of over 3.4 GW and 26 GW in the pipeline, including 7 GW under implementation.
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