Govilkar notes emerging business models being studied and developed in India
Electric vehicles (EVs) and vehicles powered by hydrogen, in particular commercial fleets, are an alternate form of transportation in India that may eventually be more cost-effective, compared to the rising cost of fossil fuels, says Ruturaj Govilkar, Country Manager and Managing Director, India, Black & Veatch.
Other promising commercial models include the production of green ammonia for export whereby importing countries could substitute ammonia directly for natural gas and use it for critical applications like power generation, or the use of ammonia as a fuel for shipping, Govilkar told the Hydrogen India Summit 2023.
“A significant advantage is that outside the electrolysis process to produce green hydrogen, the production of ammonia is a well-established technology,” he said.
He noted that the Rs.19,744 crore National Green Hydrogen Mission aims to make India a global hub for production, utilization and export of green hydrogen and its derivatives.
“The commercial credibility of hydrogen development is absolutely key, particularly around securing viable off-takers for the product,” said Govilkar.
“There are a few emerging business models that are being studied and developed more closely in India, for domestic consumption and export. This includes the use of hydrogen for transport fleets, the use of hydrogen derivatives as an aviation fuel and the production of green ammonia,” he said.
India serves as an integral part of Black & Veatch’s innovation network exploring and providing hydrogen and other emerging sustainable solutions for clients globally.
He also expects countries throughout the world to continue announcing new decarbonization and hydrogen strategies.
Similar to the ammonia synthesis loop, Black & Veatch notes that the basic method for producing synthetic fuel for aviation or other uses is proven, and pending wider usage.
Black & Veatch is involved in building 245 megawatt (MW) of electrolysis capacity, nearly doubling green hydrogen production around the world. The company is building the world’s largest hydrogen hub in the United States. Other than hydrogen, the company carries out projects in multiple decarbonization fields.
The Green Solutions (TGS) has appointed Black & Veatch to study the production and storage of green hydrogen in Vietnam, utilizing solar or wind power supplied through the grid.
Black & Veatch is a 100% employee-owned global engineering, procurement, consulting and construction company with a more than 100-year track record of innovation in sustainable infrastructure. fiinews.com
