ANIL has $50bn plan to scale green hydrogen production over 10 years
Singapore-based Japanese-origin Kowa Holdings Asia Pte Ltd has formed a 50:50 joint venture with Adani Global company for sales and marketing of green ammonia, green hydrogen and its derivatives in Japan, Taiwan and Hawaii.
Adani New Industries Limited (ANIL), the green hydrogen platform of Adani Group, is developing end-to-end solutions to produce globally competitive green hydrogen and its associated sustainable derivatives at scale.
The first project of Adani New Industries Limited (ANIL) of 1 million metric tonnes per annum (MMTPA) green hydrogen is being implemented in phases in Gujarat. The initial phase is expected to start production by FY2027.
Depending on market conditions, ANIL aims to increase capacity to 3 MMTPA of green hydrogen in the next 10 years, with an investment of about US$50 billion.
ANIL’s strategy is focused on development of an integrated hydrogen ecosystem with three business streams:
Manufacturing of supply chain products (i.e. solar- polysilicon, ingot, wafer, cell & module, wind turbine generator, electrolyzers and ancillary items);
Production of downstream derivative products (i.e. green ammonia, green methanol, sustainable aviation fuel and others).
The combined strength of Adani Group’s experience in renewable equipment manufacturing, setting up large scale generation projects, building grid infrastructure, and proven project execution capabilities gives it a significant competitive advantage while building the green hydrogen ecosystem in India.
ANIL said on 14 Sept that it is well positioned to realise its targets and provide green molecules and sustainable fuels at globally competitive cost. Mundra ports’ proximity to global supply chain enables export opportunity of green hydrogen and derivatives, especially considering availability of jetty for shipment of cryogenic products. Fiinews.com
