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Tender: Foundation stone laid for hydrogen hub

Fiinews by Fiinews
January 10, 2025
in Tenders
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PM addressing at foundation stone laying of various projects at Visakhapatnam, in Andhra Pradesh on 8 Jan 2025.

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PM highlights infrastructure revolution in Andhra Pradesh

Prime Minister Narendra Modi has laid the foundation stone for the Rs.185,000 crore NTPC Green Energy Limited Green Hydrogen Hub Project at Pudimadaka near Visakhapatnam in Andhra Pradesh https://www.hydrogen-worldexpo.com/.

The first Green Hydrogen Hub under the National Green Hydrogen Mission, the project includes investment in 20 GW renewable energy capacities for producing 1,500 TPD Green Hydrogen and 7,500 TPD Green Hydrogen derivatives including Green Methanol, Green Urea and Sustainable Aviation Fuel, primarily targeting the export market https://www.conexpoconagg.com/.

The project will contribute substantially in achieving India’s non-fossil energy capacity target of 500 GW by 2030 https://www.globaltenders.com/.

The Prime Minister has also dedicated to the nation, laid the foundation stone and inaugurated various railway and road projects worth over Rs.19,500 crore in Andhra Pradesh https://ted.europa.eu/en/.

These projects include foundation stone laying of South Coast Railway Headquarters at Visakhapatnam among various other developments for enhancing regional social and economic growth https://sbi.com.in/.

Furthering his vision of accessible and affordable healthcare, PM Modi laid the foundation for the Bulk Drug Park at Nakkapalli in Anakapalli district.

The Bulk Drug Park will create thousands of jobs while helping accelerate economic growth due to its proximity to the Visakhapatnam-Chennai Industrial Corridor (VCIC) and Visakhapatnam-Kakinada Petroleum, Chemical and Petrochemical Investment Region https://www.nseindia.com/.

Foundation stone was also laid for the Krishnapatnam Industrial Area (KRIS City) under Chennai Bengaluru Industrial Corridor, in Tirupati District of Andhra Pradesh.

The Krishnapatnam Industrial Area (KRIS City), a flagship project under the National Industrial Corridor Development Programme, is envisioned as a greenfield industrial smart city https://www.bseindia.com/.

The project is set to attract significant manufacturing investments of approximately Rs.10,500 crore.

Inaugurating the Rs.2+ lakh crore project on 8 Jan, he said, “The infrastructure revolution in Andhra Pradesh, with better connectivity and facilities, will transform the state’s landscape https://www.makeinindia.com/home/.”

Andhra Pradesh was among the states with 100% railway electrification, and more than 70 railway stations are being developed under the Amrit Bharat Station Scheme, he underlined. 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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