One of the executives said, “DPA offered 14 plots with around 4,000 acres of land in total. Of these, RIL has been allotted six plots, L&T has been allotted five, Greenko Group has bagged two and Welspun New Energy has been allotted one plot. These four companies had bid the highest in the auction.”

As part of the National Green Hydrogen Mission, India is striving to become a global center for green hydrogen production, utilization, and export. The mission aims to achieve a green hydrogen production capacity of 5 MTPA by 2030, along with adding approximately 125 GW of renewable energy capacity. Additionally, it aims to reduce fossil fuel imports by over ₹1 lakh crore cumulatively.

Kandla Port aims to produce 7 MTPA of green ammonia and 1.4 MTPA of green hydrogen. Green hydrogen is generated through the electrolysis of water using renewable energy, emitting no greenhouse gases. Ammonia serves as a vital end-user sector for green hydrogen and is pivotal in expanding its production scale.

Read More

The post Kandla Port Development: Deendayal Port Authority Allots 14 Land Units; RIL with L&T Investing ₹1 lakh crore in Green Energy appeared first on Insights Success.