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Haryana-based green hydrogen company, Hygenco, has announced plans to construct and operate a 100 percent green hydrogen plant in Maharashtra.
The project would be the first operative green hydrogen production facility in Maharashtra and will produce energy without emitting carbon dioxide into the atmosphere.
Amit Bansal, CEO of Hygenco Green Energies, says, “India’s rapid pace of growth is already entailing a significant surge in the use of resources, especially fossil fuels. With over 80 percent of India’s fuel requirements being import-dependent and coal being the primary source of its electricity generation, there is a significant need to tap all forms of alternative energy.”
“On its part, the Indian government’s focus and leadership in pushing for renewable energy has started the journey of energy transition but green hydrogen can expedite it. We understand that the industry needs to collaborate and come up with suitable new technologies or retrofit existing equipment to inject green hydrogen and its derivatives instead of conventional fuel,” he added.
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