NTPC to Build Green Hydrogen Infrastructure in Odisha

By By Rediff Money Desk, New Delhi
Dec 23, 2024 20:58
NTPC signs pact with GRIDCO and CRUT to establish green hydrogen infrastructure in Odisha, including a fuelling station and hydrogen buses. This project aims to promote clean energy and decarbonization in the state.
New Delhi, Dec 23 (PTI) State-run power giant NTPC on Monday said it has signed an initial pact with GRIDCO and CRUT to set up green hydrogen infrastructure in Odisha.

NTPC has signed a Memorandum of Understanding (MoU) with GRIDCO, a Government of Odisha undertaking for Energy and Capital Region Urban Transport (CRUT), the public transit agency of the state government, on Monday, as per a statement.

The tripartite MoU intends to further green energy technologies in Odisha, especially green hydrogen mobility scheme.

As per the MoU, NTPC will set up a green hydrogen fuelling station in Bhubaneswar, along with hydrogen buses for short-haul and long-haul operations.

This will open an option of phasing out fossil fuel buses in favour clean and green fuels, bringing decarbonisation and energy security.

The Ministry of New & Renewable Energy has contributed partially for setting up of the project in Bhubaneswar.

The NTPC is operating the green hydrogen blending project in Surat for the last two years and has taken similar mobility initiatives in Leh, Greater Noida, and Gujarat's Kandla.

The NTPC is also developing the green hydrogen hub in Visakhapatnam and aims to reach 60 GW of renewable energy capacity by 2032.
Source: PTI
Read More On:
renewable energygreen hydrogenntpcodishagreen energyenergy securitydecarbonizationgridcocruthydrogen buses
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

You May Like To Read

MORE NEWS

SBI Yono 2.0 Launched; Hiring 10,000 Staff

SBI launches Yono 2.0 & plans to hire 10,000 staff to help customers migrate to digital...

Ravi Ranjan Appointed SBI MD

Ravi Ranjan appointed Managing Director of State Bank of India (SBI). He succeeds Vinay...

KSH International IPO: Rs 213 Cr from Anchor...

KSH International raises Rs 213 cr from anchor investors ahead of its IPO. IPO opens...

NCDEX Gets Sebi Nod for Mutual Fund Platform

NCDEX receives Sebi approval for mutual fund platform, paving the way for equity...

WhatsApp Data Sharing: NCLAT Clarifies User...

NCLAT mandates user consent for WhatsApp data collection, including advertising. Learn...

Pajson Agro IPO Subscribed 6.59 Times on Day 3

Pajson Agro India''s Rs 74.4-cr SME IPO subscribed 6.59 times on final day. IPO...

Battery Storage Cost Falls: Rs 2.1/Unit, Power Min

Battery energy storage (BESS) cost drops to Rs 2.1/unit from Rs 10.18 in 2022-23....

India Rice Exports to US: No Dumping, Says...

Commerce Secretary clarifies India exports expensive basmati rice to the US, refuting...

360 One Raises Rs 2,300 Cr Realty Fund

360 One Asset raises Rs 2,300 crore real estate fund, deploying majority in projects....

HRS Aluglaze IPO Subscribed 44.90 Times

HRS Aluglaze SME IPO oversubscribed 44.90 times on final day. Details on subscription,...

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2025 Rediff.com