CESC will establish a green hydrogen plant, the first by the RPSG Group flagship, signalling its foray into new forms of energy.

The thermal power producer, which supplies electricity to Calcutta and its suburbs, will build a 10,500 tonne capacity unit on the east coast.

The new venture will be executed by CESC Projects Ltd, a wholly owned subsidiary of CESC Ltd. The project is going to get a fiscal incentive from the government of India as part of the National Green Hydrogen Mission unveiled in 2022.

Sources in CESC said this is the first of many more projects that the company plans to undertake as part of its green / new energy push.

Following the award by SECI, a pre-feasibility report will be prepared for this particular project. It will then approach various state governments to explore setting up the unit.