New Delhi: Power sector PSU and India’s largest integrated power company NTPC Limited has signed a Land Lease Agreement in order to realize its green energy and green hydrogen objectives, thus also contributing to the Government of India’s efforts towards energy transition. The agreement, signed on February 20 between NTPC Green Energy Limited (NGEL) and Andhra Pradesh Industrial Infrastructure Corporation (APIIC), is for the development of an “Integrated Green Hydrogen Hub”. The hub will come up on 1,200 acres of land near Pudimadaka village of Atchutapuram Mandal in Visakhapatnam, Andhra Pradesh.
According to official statement, the Pudimadaka Green Hydrogen Hub aims to create a world-class ecosystem for technologies in the new energy paradigm, such as electrolyser and fuel cell manufacturing, related ancillary industries, and start-up, incubation, testing facilities, production and export of green hydrogen and its derivatives such as green ammonia and green methanol.
The project includes construction of India's largest green hydrogen production facility (1,200 tons per day), which will enable further conversion of green hydrogen to derivatives such as green ammonia and green methanol, primarily catering to various export markets.
The Land Lease Deed was exchanged between NGEL's Chief General Manager Sivakumar VV and APIIC's Vice-Chairman & Managing Director Pravin Kumar at Secretariat, Government of Andhra Pradesh, Amravati in the presence of Chief Secretary, Government of Andhra Pradesh KS Jawahar Reddy; Executive Director of NTPC R Sarangapani and other senior officials.
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