Latest Hydrogen News India Aug'21

6 September, 2021

Latest Hydrogen News from India in August’21. All you need to know:

  1. 4 GW Electrolyser Bid: Current cost of green hydrogen produced by electrolysis is estimated at around 350 per kg, the plan is to more than halve it to 160 per kg by 2029-30. India would be conducting competitive bids for green hydrogen in next 3-4 months to pave the road for viable usage of hydrogen as a fuel. India is looking at bids for 4000 MW of electrolysers capacity,
  2. Gas pipeline company to generate hydrogen: In India, companies ranging from Reliance Industries to Indian Oil Corporation and NTPC have announced ambitious plans for generating hydrogen. GAIL too joins that list now.
  3. Electrolyser Giga factory: Ohmium international has started 1/2 GW per year PEM electrolyser factory in Bangalore.
  4. Green Ammonia: Acme Solar Holdings Ltd inked a land agreement to set up one of the world’ largest green ammonia projects at Special Economic Zone at Port of Duqm in Oman with a planned investment of $3.5 billion. Acme is also in the process of commissioning the world’s first integrated green hydrogen and green ammonia plant in Bikaner, India. Green hydrogen will be produced using 5 MWp, expandable to 10 MWp, from the solar plant.
  5. Hydrogen from agricultural residue: Indian scientists from Sentient Labs – Agharkar Research Institute (ARI) have developed technology to generate hydrogen directly from agricultural residue. The technology developed by the team uses agricultural residue rich in cellulose and hemicellulose content – in likes of paddy, wheat, or maize residue. The process uses microbial culture for the direct generation of hydrogen from agricultural residues.
  6. Compulsory use of Hydrogen: In India, oil refineries and fertiliser plants will be the first to face mandatory shares of renewable H2 in their hydrogen consumption under draft plans sent for cabinet approval by power and renewable energy minister RK Singh.
  7. Hydrogen Blending: NTPC Limited has floated a global Expression of Interest (EoI) to set up a Pilot Project on Hydrogen Blending with Natural Gas in City Gas Distribution (CGD) Network in India. The EoI follows the recent tenders floated by NTPC REL for green hydrogen fuelling station at Leh and NTPC Vidyut Vyapar Nigam Limited (NVVN) for procurement of Fuel Cell Buses. A dedicated 1.25 MW Solar plant is also being set up at Leh by NTPC REL to power the hydrogen fuelling station.
  8. Hydrogen Trains: The Indian Railways has invited bids for hydrogen fuel cell-based technology by retrofitting on the Diesel Electric Multiple Unit (DEMU) in 89 km Sonipat-Jind section of Northern Railway.
  9. Cooperation with Gulf countries: India should look at enhancing hydrogen cooperation with GCC countries, especially the front runners, i.e., Saudi Arabia, the UAE and Oman.
24 February, 2024

Byju’s, once heralded as a flagship in India’s edtech sector, is grappling with severe financial and operational challenges, marked by a dramatic valuation drop. The company, which sought to stabilize its operations and finances, is now raising funds at a valuation significantly lower than its peak. This development comes amid efforts to address a substantial debt burden, with Byju’s proposing a repayment plan for its $1.2 billion loan. Investor confidence appears shaken, with some stakeholders pushing for drastic changes in leadership to navigate the crisis effectively. The turmoil reflects broader sectoral pressures and raises questions about the sustainability of high-growth trajectories in the edtech industry

10 February, 2024

Australia’s energy market is witnessing significant transitions and investments aimed at bolstering renewable energy infrastructure and securing gas supplies. Key developments include a $179 million investment by the Queensland Government for community battery projects, Santos’ $5.7 billion gas pipeline project following a legal battle win, and a $206 million energy savings package for NSW households. Additionally, the Australian government has secured new gas supply deals to support the east coast market, emphasizing the role of gas in transitioning to a renewable grid.

India 2024
9 February, 2024

The latest opinion polls, including the Mood of the Nation survey by India Today, predict a comfortable victory for Prime Minister Narendra Modi’s BJP and its allies in the National Democratic Alliance (NDA), with a projected win of 335 Lok Sabha seats in the 2024 general elections. This forecast suggests a slight decrease from the 2019 elections but still ensures a majority. The survey, involving interviews with over 149,000 respondents, reflects Modi’s enduring popularity based on his nationalist policies and economic reforms. Other polls echo these findings, although seat projections vary slightly. The opposition INDIA alliance is expected to secure a significant number of seats, yet not enough to challenge the NDA’s majority. These predictions highlight a political landscape that remains largely favorable to Modi and the BJP as the election approaches