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Project: Gadkari list out Govt’s green hydrogen priority

Fiinews by Fiinews
September 6, 2022
in Projects
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Norway shares green hydrogen connection with India  

The Government’s priority is to introduce green hydrogen in cement and steel industries, refineries, fertilizers, mining and transport, Minister of Road Transport and Highways Nitin Gatkari has told an international climate summit held in Bergen, Norway.

The Government also intends to bring down the per unit cost of hydrogen to less than one dollar through the development of low cost electrolyzer, integration of renewable energy and adoption of green technology, he said.

“We welcome global investors, technologies, suppliers, industrial houses as well as research and development organizations to explore opportunities in production, supply chain and application available for green hydrogen in India,” said Gadkari as he virtually addressed the two-day International Climate Summit 2022 that concluded on 31 Aug 2022.

“India has potential to become the largest producer of green hydrogen,” added Gadkari at the inaugural of ‘International Climate Summit 2022 – Opportunity for Green Hydrogen in India’.

The two-day summit was organized by PHD Chamber of Commerce and Industry (PHDCCI) in collaboration with Invest India and Green Stat Norway.

The economic potential of translating the Norwegian knowledge of green hydrogen and putting it to work in India is enormous, Alok Shriram, former President PHDCCI, told the Summit.

Norway has more than 100 years of experience in hydrogen energy and is a trusted partner of India to cooperate and help the country emerge as a self-reliant in green hydrogen, elaborated Dr JP Gupta, Summit Chair & Chair, Environment Committee, PHDCCI.

India, he said, is perfectly poised geographically to produce renewable energy around the year at the lowest cost and become an international hydrogen hub.

“This mission, however, needs partnership, cooperation and collaboration for excellent growth,” he stressed.

Espen Barth Eide, Minister of Climate and Environment, Norway, shared that his country is aggressive in its pursuit of green hydrogen, a common connection with India.

The inaugural summit was attended by Bernt Skeie, CEO of Alma Clean Power and Chairman at Greenstat ASA; Vegard Frihammer, GEO Greenstat ASA; Sturle Pedersen, Chairman, Greenstat Hydrogen India; Ingebjørg Telnes Wilhelmsen, Secretary General, Norwegian Hydrogen Forum; Bjørn Ottar Elseth, Director, Arena H2Cluster and Rina Sunder, Det Moderne India who also highlighted the importance of green hydrogen.

The Summit was sponsored by IOCL, UPL Ltd, ONGC, Nayara Energy Ltd, Rana Sugar Limited, Sheela Foam Ltd, HPCL – Mittal Energy Limited, Nirani Sugars Kent Ro, PHDCCI’s Annual Sponsors – Multani Pharmaceuticals Ltd, Star Wire, PG Industry, Uflex Ltd, DLF Ltd, Continental Carriers Pvt Ltd, Bela Air Travel & Cargo Pvt Ltd, Radico Khaitan Ltd, Jindal Steel & Power; MMG Group, Paramount Communications, Superior Industries Limited, JK Tyre & Industries Ltd, SMC Investments and Advisors Ltd, Crystal Crop Protection Ltd, Sagar Group of Industries, Samsung India Electronics, Comtech Interio, R E Rogers, AYUSH Herbs Private Ltd, Apeejay Stya Group, DCM Shriram, EaseMyTrip, Blossom Kochhar Beauty Products Pvt Ltd, Oswal Greentech, Trident Group, MV Cotspin Ltd, Synergy Environics Ltd, Ajit Industries Pvt Ltd, P S BEDI & Co, Indian Farmer & Fertilizers Corporation Ltd, Jindal Steel, Hindware Sanitary, Modern Automobiles, Livit Ltd, Central Coalfields Ltd, Axa Parenterals, Bhagwati Plastic and Pipes Industries, J K Insurance Brokers Ltd and DD Pharmaceutical Ltd. fiinews.com

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Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

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