Hygenco from Haryana is planning to construct and operate India’s first green hydrogen plant in Maharashtra, which will be the first functioning facility to produce energy without carbon dioxide emissions.
Hydrogen plays a significant role in various industries such as transportation, oil refining, ammonia and steel production, as well as electricity generation. However, the hydrogen used in these sectors is primarily sourced from fossil fuels which as per the International Energy Agency (IEA) contributes to approximately 830 million tonnes of carbon dioxide emissions each year.
Green hydrogen, which is produced by using renewable electricity to electrolyze water, has the potential to significantly reduce these annual carbon dioxide emissions.
To tap into green hydrogen’s potential, Hygenco will build and run a completely green hydrogen plant in Maharashtra. This project will be the first functioning green hydrogen production facility in the region.
Hygenco is a company that provides holistic solutions using green hydrogen and is a leader in offering cost-effective options for sustainable transportation. They are not just constructing infrastructure, but are also influencing the future of clean energy and transportation in India.
Hygenco has signed a deal with Sterlite Technologies Ltd for the purchase of green hydrogen and green oxygen. The agreement project will provide green hydrogen and green oxygen to STL’s advanced glass preform plant in Aurangabad, Maharashtra.
The goal of the project is to make green hydrogen a viable option instead of grey hydrogen, meet the startup’s sustainability goals, and decrease reliance on imported fossil fuels. The plant, which can produce 170 tonnes per year, will utilize solar and wind energy. The project is projected to finish by the beginning of next year.
Hygenco aims to create and manage 10 GW of profitable production and distribution assets by 2030.
Reference- Hygenco website, The Better India, Economic Times