This milestone signifies a significant step towards sustainable industrial practices, showcasing India's commitment to eco-friendly solutions. Minister Scindia hailed the project as a testament to collaborative innovation, positioning India as a global leader in sustainable steel production.
The green hydrogen plant, situated at Jindal Stainless Ltd.'s manufacturing unit in Haryana's Hisar, is anticipated to initially produce 78 tonnes per year of green hydrogen. This endeavor marks the first commercial-scale green hydrogen plant in India's stainless steel sector, representing a significant shift towards cleaner energy sources. Under a 20-year agreement, Hygenco India will own and operate the plant before transferring ownership to Jindal Stainless Ltd.
Green hydrogen, produced through water electrolysis powered by renewable energy, offers a virtually emission-free alternative to traditional hydrogen production methods. By replacing grey hydrogen, the plant aims to reduce carbon emissions by approximately 2,700 tonnes per year, contributing to India's broader efforts to combat climate change.
This initiative aligns with the Indian government's vision for sustainable energy development, as outlined in the National Green Hydrogen Mission (NGHM). With a target to achieve 5 million tonnes per annum of green hydrogen production capacity by 2030, the mission aims to reduce fossil fuel imports and advance India's transition towards cleaner energy sources.
The steel industry, including Jindal Stainless Ltd., stands to benefit significantly from the adoption of green hydrogen, with pilot projects underway to explore its various applications in steel production processes. Despite challenges such as production costs and infrastructure limitations, the industry's concerted efforts and government support are expected to drive innovation and scale-up production, paving the way for a more sustainable future.
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