The 10-megawatt proton exchange membrane electrolyser for the green-hydrogen producing unit at the Vijaipur complex in Madhya Pradesh state has been imported from Canada, they added. State-run natural gas company GAIL (India) Ltd plans to commission its first green hydrogen project in central India in April, three company sources said. The 10-megawatt proton exchange membrane… Continue reading India’s GAIL to commission its first green hydrogen project in April, sources say
Author: Economic Times of India Online News
Cutting down logistics cost to 9% of GDP to expediate India’s vision to be among top 25 logistics hubs, says TVS Supply Chain CEO
Sukumar Kameswaran, CEO, TVS Supply Chain Solutions India New Delhi: Bringing down the logistics cost in India to about 9%-10% of the GDP, from the present 13%-14% will be a substantial achievement, said Sukumar Kameswaran, CEO, TVS Supply Chain Solutions (TVS SCS). A high logistics cost hampers India’s competitiveness, particularly in the manufacturing sector, when… Continue reading Cutting down logistics cost to 9% of GDP to expediate India’s vision to be among top 25 logistics hubs, says TVS Supply Chain CEO
US announces USD 6 bn to clean up heavy manufacturing
Representative image. The first new US aluminum smelter in 45 years may be built as part of about USD 6 billion in grants the Biden administration is awarding to companies in a bid to clean up hard-to-decarbonize industries including metal, paper and glass. The money will be aimed at industries that account for nearly a… Continue reading US announces USD 6 bn to clean up heavy manufacturing
Here are the big hurdles to the global push to build up renewable energy
Representative image. The world’s governments have agreed they want to triple renewable energy by 2030, a goal laid out at the U.N. climate summit in December. But right now, the post-pandemic global economy is throwing up obstacles that will need to be overcome if the goal is going to be met. Here are the big… Continue reading Here are the big hurdles to the global push to build up renewable energy
JERA, Exxon to explore development of hydrogen and ammonia production project in US
Ammonia is seen as an effective future energy source. It does not emit carbon dioxide when burned, though its production releases emissions if it is made with fossil fuel. JERA, Japan’s top power generator, said on Monday it has agreed with Exxon Mobil to jointly explore the development of a low-carbon hydrogen and ammonia production… Continue reading JERA, Exxon to explore development of hydrogen and ammonia production project in US
Green hydrogen costs to fall with renewable energy tariff reductions by 2030: Report
Currently, electrolyzer costs stand at USD 735–945/kW but are expected to reduce to USD 310–440/kW in seven years, factoring in learning curve effects. New Delhi: Renewable energy resources, comprising 65-85 % of hydrogen production costs, are poised to shape the future of green hydrogen, according to a report by Alvarez & Marsal. By 2030, solar… Continue reading Green hydrogen costs to fall with renewable energy tariff reductions by 2030: Report
Drone company IdeaForge to enter new segment
“Our drones are being extensively used for the Swamitva scheme in India that involves landholdings in all villages to give ownership titles. ” Mehta said. New Delhi: Indian drone major IdeaForge is now going to enter “logistics at scale” by developing unmanned aerial vehicles (UAV) that can carry payloads of up to 100 kg to… Continue reading Drone company IdeaForge to enter new segment
Up to 15% of India’s green hydrogen mfg expected to shift out due to global incentives: Experts
“The US IRA will result in USD 0.5-USD 1 per kg of green hydrogen which would be the lowest produced green hydrogen in the world,” he said. New Delhi: India’s nascent green hydrogen market is expected to see bumps in its journey due to incentives offered by the United States and Europe, according to experts… Continue reading Up to 15% of India’s green hydrogen mfg expected to shift out due to global incentives: Experts
Vedanta touts USD 6 bn investment pipeline as growth driver
Vedanta Chairman Anil Agarwal, according to a presentation made at the investor meeting, said the company “will get to a different level in the next 25 years”. Mining conglomerate Vedanta Ltd will invest USD 6 billion across businesses that span from aluminium and zinc to iron ore, steel and oil and gas as it looks… Continue reading Vedanta touts USD 6 bn investment pipeline as growth driver
On Holi, Metro Services in Delhi to start at 2.30 pm on March 25
DMRC said that in case of encroachment and parking by Auto/e-rickshaw driver, passengers can contact station authorities or dial our 24*7 IVRS helpline 155370 for immediate assistance. Delhi Metro Services Match 25 (Monday) will start at 230 pm on Holi as per the Delhi Metro Rail Corporation (DMRC) “On the day of the ‘Holi festival,… Continue reading On Holi, Metro Services in Delhi to start at 2.30 pm on March 25