Wednesday, May 22

GH2 Updates

IFCCI Awards Technip Energies’ ‘Seed of Hope’program for its impact on Environment &People
GH2 Industry Updates, GH2 Updates

IFCCI Awards Technip Energies’ ‘Seed of Hope’program for its impact on Environment &People

Technip Energies, the world’s leading engineering and technology company for the energy transition, wins the ‘Best CSR Project of the Year’ Award for its CSR program ‘SEED OF HOPE’at the 5th IFCCI CSR Conclave & Awards 2023, organized by The Indo-French Chamber of Commerce & Industry on 24th November 2023 in New Delhi. ‘Seed of Hope’ is the flagship CSR program of Technip Energies India. Since its launch in 2015, Seed of Hope has impacted over 90,000 lives by focusing on key areas like education, healthcare, skill development, gender diversity and environmental sustainability.The program is designed to foster inclusive growth within the communities where the company operates, aligning with its ESG Roadmap. Technip Energies has initiated multiple projects under the 'Seed of H...
The India Hydrogen Alliance Submits $5bn National Green Hydrogen Hub Plan to Government
GH2 Industry Updates, GH2 Updates

The India Hydrogen Alliance Submits $5bn National Green Hydrogen Hub Plan to Government

The India Hydrogen Alliance (IH2A) has submitted a National Green Hydrogen Hub Economic Viability and Development Plan to the government, with potential to create five large National Green Hydrogen Corporations collectively worth $5bn by 2030. The public-private plan seeks public finance support for green hydrogen production and off take to create the necessary infrastructure in the initial 2024-2030 period, and publicly list the national hydrogen corporations created as a result to fund the next wave of investments to scale up the hydrogen economy. India is targeting 5 million tones of green hydrogen production by 2030. The National Green Hydrogen Hub Economic Viability and Development Plan were submitted by IH2A to the Prime Minister’s Office (PMO), Cabinet Secretariat and Ministr...
L&T Construction is all set to create Renewable Energy Infrastructure for the World’s Largest Green Hydrogen plant at NEOM
GH2 Industry Updates, GH2 Updates, Must Read

L&T Construction is all set to create Renewable Energy Infrastructure for the World’s Largest Green Hydrogen plant at NEOM

The Power Transmission & Distribution Business of Larsen & Toubro has achieved important milestones for the Power Elements and Grid packages of the world’s largest green hydrogen plant being built by NEOM Green Hydrogen Company.  Located at Oxagon in Saudi Arabia’s region of NEOM, NEOM Green Hydrogen Company (NGHC) is an equal joint-venture by ACWA Power, Air Products and NEOM.  NGHC is setting up a mega plant to produce green hydrogen at-scale for global export in the form of green ammonia with a total investment of USD 8.4 billion.  Supported by 23 local, regional, and international banking and financial institutions, the project has now achieved full financial close and construction is moving forward.  A few quarters back, L&T received the nod to e...
ACME Group and Indraprastha Gas Limited sign MoU to explore the potential business opportunities  of Green Hydrogen
GH2 Industry Updates, GH2 Updates, Industry Updates, Must Read

ACME Group and Indraprastha Gas Limited sign MoU to explore the potential business opportunities  of Green Hydrogen

Diversified renewable energy company ACME Group and leading City Gas Distribution Company IGL signed a memorandum of understanding (MoU) to jointly explore the potential business opportunities of Green Hydrogen. The MoU was signed by Mr. Ashwani Dudeja (President & Director - Green Hydrogen and Ammonia, ACME) and Mr. Sanjeev Kumar Bhatia (Vice President - Business Development & Gas Sourcing, IGL) in presence of senior officials of both the companies. ACME and IGL will work jointly to promote the adoption by the customers and create demand for Green Hydrogen in the country. The Companies will also work together to explore the opportunity of setting up hydrogen generation plants including setting up electrolyzers to blend Green Hydrogen in IGL’s existing pipeline networks su...