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Scindia inaugurates Jindal Stainless' first green hydrogen plant

Infrastructure  -  Mar 07,2024  - 

Union Minister for Steel and Civil Aviation, Jyotiraditya M. Scindia,  virtually inaugurated India's 1st Green Hydrogen Plant in Stainless Steel Sector located at Jindal Stainless Limited, Hisar.

The inauguration also witnessed the presence of Secretary, Ministry of Steel Nagendra Nath Sinha, Managing Director (Jindal Stainless Limited), Abhyuday Jindal, Founder, Hygenco Amit Bansal, and other officials of the Ministry of Steel.

Union Minister of Steel highlighted India's commitment to a green and sustainable future, emphasizing the need for responsible economic progress in the post-COVID era. “As the world strives to recover from the pandemic's aftermath, India is steadfast in its resolve to contribute to global environmental goals”, he added.

The Minister also highlighted India's progress in the steel sector, evolving from a net importer to a net exporter and aiming to become the world's largest producer of crude steel.

One key initiative in this journey is the National Green Hydrogen Mission (NGHM), launched last year with an outlay of around Rs 20,000 crore with an aim to make India a Global Hub for production, usage and export of Green Hydrogen and its derivatives.

The Mission is also supporting pilot projects in the steel sector with a budget of around Rs 500 crore until FY 2029-30.

 

Company : Jindal Stainless Limited