Gujarat will become the world’s biggest green hydrogen hub and will attract investments worth ₹8-10 lakh crore from across the world for the development of green hydrogen and its ecosystem, said Prime Minister Narendra Modi at a rally in Bhavnagar.
Modi stated that in the coming years, the world order for energy will change drastically with the inclusion of green hydrogen in the energy portfolio.
He stated that in coming times, Gujarat will make a quantum jump and that the State’s coastal regions of Kutch, Saurashtra including Bhavnagar will witness massive investment inflows from across the globe creating new employment opportunities with the rise of green hydrogen.
Meanwhile, referring to Vedanta and Foxconn’s proposed semiconductor manufacturing facility in Gujarat, Modi stated that the facility will come up in Dholera, in the neighbourhood of Bhavnagar.
Notably, this is the first formal announcement from the Prime Minister on the location of the project.
Tags: Green Hydrogen, Gujarat, Hydrogen Hub, PM Modi
Recent Posts
CMA CGM invests $214m in shipping decarbonisation
SEB adds shipping to 2030 net zero target
MB Shipbrokers and Azolla create decarbonisation solution
SJVN begins operations of 1500 MW Nathpa Jhakri hydro power station
ZeroAvia offers key hydrogen-electric engine components
Electric vessels leading Singapore’s decarbonization journey
Hanwha Ocean invests into ammonia technology with Amogy
Neste and New Jersey Natural Gas to cut GHG emissions