The Gas Authority of India Limited (GAIL), a state-owned company in India, has decided to invest about $334.88 million (Rs 26,000 crore) in its renewables portfolio by 2030.
According to company, it has undertaken liquid hydrogen capacity addition and the progress done on the prototype will influence its overall investments, a call on which will be taken after 18 months.
At present, GAIL is in the process of procuring a 10 mw facility for liquid hydrogen, which would be the largest in the country, and is on the lookout for an electrolyser.
The company is looking at 1 gw of renewable capacity over the next three years, but from a long-term perspective, coupled with green hydrogen, it is looking at 3 gw for renewable capacity.
Tags: Electrolyser, GAIL, Hydrogen, India, Renewables
Recent Posts
Gremex Shipping fined in pollution case
CHIMBUSCO secures first LNG refueling service in Europe
Nations not doing enough to cut global emissions by 2.6%: UNFCCC
JSW-POSCO to set up greenfield steel plant in Odisha’s Keonjhar
ADB lauds India’s fossil fuel subsidy reforms
Zero-carbon ammonia for shipping faces challenges
Wärtsilä signs lifecycle agreement for 7 Capital Gas LNG carriers
ABS releases report on nuclear LNG carrier design