This second financing stimulus will support green reforms to boost the production of green hydrogen and electrolyzers, critical technology needed for green hydrogen production.
According to a press release by the Ministry of Science and Technology, this method, operating under mild conditions, represents a major advancement in the pursuit of a 'Hydrogen economy,' offering promising prospects for alternative energy sources and chemical synthesis.
Coal is poised to retain its status as a cornerstone of India's power generation, as detailed by Pritish Raj, Managing Pricing Editor for Asia Thermal Coal at S&P Global Commodity Insights.
According to a press release, this initiative, under the aegis of Eastern Coalfields Limited (ECL), aims to revolutionise the coal industry by converting coal into valuable gases such as methane, hydrogen, carbon monoxide, and carbon dioxide through in-situ gasification.
Under the Mission, the ministry had issued the scheme guidelines for implementation of the Strategic Interventions for Green Hydrogen Transition (SIGHT) Programme to cater for the needs of the fertilizer sector.
Sri Lankan President Ranil Wickremesinghe said that they are actively collaborating with India in several sectors with a focus on solar and wind power and acquiring green hydrogen, reported Daily Mirror.
Mumbai (Maharashtra) [India], June 18: Technology group Wärtsilä has today launched the world's first large-scale 100% hydrogen-ready engine power plant, to enable the net-zero power systems of tomorrow.
Adani Group chairman Gautam Adani has met Bhutan Prime Minister Tshering Tobgay and signed a Memorandum of Understanding with the country's Druk Green Power Corporation for a 570 MW hydroelectric plant in Chukha province.
In a significant step towards enhancing green energy generation in the state, Assam Chief Minister Dr Himanta Biswa Sarma laid the foundation stone for a 25-MW solar power generation project at the premises of the Namrup Thermal Power Station in Dibrugarh district on Friday.
The World Bank has approved USD 1 billion in additional funding for the Dasu Hydropower Project (DHP) in Khyber Pakhtunkhwa's Upper Kohistan district in Pakistan, reported Dawn.