India’s Ministry of Ports, Shipping and Waterways (MoPSW) has received more than 20 submissions from interested parties to participate in the green hydrogen generation, storage, bunkering and EoI (Expression of Interest) of the company for the hydrogenation project. Paradip.
More than 15 of them are interested in Kandela’s Deendayal Port, where nearly 26,000 acres are expected to be earmarked for green hydrogen projects, said a senior official briefed on the developments. career line.
The three ports will follow a landownership model; the port authority will own the land while private companies will develop the public infrastructure. How hydrogen is stored, produced and sold will be the responsibility of private industry. The green hydrogen park investment in Candela is expected to exceed Rs 700 crore.
According to the official, about 224 acres of land in Tuticorin (now known as VO Chidambarnar Port) has been leased to ACME Cleantech Solutions for the production of green hydrogen and green ammonia. Investment is expected to exceed Rs 5200 crore.
Another 10 acres of land have been leased to ReNew Power, which is also in VO Chidambarnar, the official said. The two companies are reportedly among more than 20 companies participating in the EoI issued by the port.
“So far, VO Chidambarnar is the only port that has leased land for a green hydrogen project. Both Kandla and Paradeep are working on the details. We have seen about 20+ EoIs, most of them for Kandla. The level of interest is high High,” the official said.
Green hydrogen plants need to be built on renewable energy sources such as solar or wind. Typically, it (green hydrogen) is produced by splitting water into hydrogen and oxygen atoms through electrolysis. The electrolysis process is carried out by using renewable energy.
India’s Ministry of Energy has set 2030 as the deadline for setting up green hydrogen bunkering and refueling facilities at the three major ports. The long-term plan is to have such facilities in all 12 major ports by 2035, the official said.