JSW Energy, Fortescue Future tie-up for green hydrogen generation

30 Jul 2021 CW Team

JSW Future Energy enters into a framework deal with Australia’s Fortescue Future Industries (FII) for potential projects relating to the generation of green hydrogen.

JSW Energy told the media that the deal aims to estimate the potential of green hydrogen for producing green steel, hydrogen mobility, green ammonia and other mutually consented industrial applications in India.

While hydrogen production and its uses have been established, many firms are now operating on the manufacturing methods to make it cleaner. This green hydrogen is being promoted as a future fuel and the Budget 2020-21 has declared a National Hydrogen Energy mission to raise prospects.

Joint Managing Director and CEO at JSW Energy, Prashant Jain told the media that JSW Energy has laid out a strategic blueprint to grow into a 20 GW capacity power-producing firm by 2030 with about 85% of the portfolio including green and renewable energy sources.

Jain said that JSW Energy would also aspire to use innovative technologies like offshore wind, battery energy storage and green hydrogen among others.

Additionally, he said that green hydrogen is going to be a disturbance in the clean energy space and in future, they assume it would substitute the fossil fuels utilised for several industrial applications and in the transportation and mobility area.

He also said that this deal with FFI could help JSW meet their net-zero commitments quicker than their aim of 2050.

Julie Shuttleworth, CEO, FFI, told the media that the company is actively building a portfolio of projects connected with renewable green hydrogen and green industrial products.

JSW Future Energy is a wholly-owned subsidiary of JSW Energy. It is part of the JSW Group – a diversified business conglomerate in India with interests in energy, steel, cement, paints, infrastructure, venture capital and sports.

Currently, JSW Energy has 4,559 MW of operational hydro, solar and thermal power capacity. The firm has about 2,500 MW of Renewable energy projects under development which are likely to complete by 2023, a JSW statement said.

FFI is the renewable energy and industry firm of Fortescue Metals Group (Fortescue). It has an initial plan to generate 15 million tonnes per annum of green hydrogen by 2030. Fortescue aims to attain carbon neutrality by 2030.

The company said that FFI is a fundamental enabler of accomplishing this goal through the development of their green hydrogen, green ammonia, green electricity, and other green industrial projects.

Image Source

Also read: Indian Oil to develop green hydrogen plant at Mathura refinery

Also read: Fusion Fuel, BGR Energy to develop green hydrogen projects in India

JSW Future Energy enters into a framework deal with Australia’s Fortescue Future Industries (FII) for potential projects relating to the generation of green hydrogen. JSW Energy told the media that the deal aims to estimate the potential of green hydrogen for producing green steel, hydrogen mobility, green ammonia and other mutually consented industrial applications in India. While hydrogen production and its uses have been established, many firms are now operating on the manufacturing methods to make it cleaner. This green hydrogen is being promoted as a future fuel and the Budget 2020-21 has declared a National Hydrogen Energy mission to raise prospects. Joint Managing Director and CEO at JSW Energy, Prashant Jain told the media that JSW Energy has laid out a strategic blueprint to grow into a 20 GW capacity power-producing firm by 2030 with about 85% of the portfolio including green and renewable energy sources. Jain said that JSW Energy would also aspire to use innovative technologies like offshore wind, battery energy storage and green hydrogen among others. Additionally, he said that green hydrogen is going to be a disturbance in the clean energy space and in future, they assume it would substitute the fossil fuels utilised for several industrial applications and in the transportation and mobility area. He also said that this deal with FFI could help JSW meet their net-zero commitments quicker than their aim of 2050. Julie Shuttleworth, CEO, FFI, told the media that the company is actively building a portfolio of projects connected with renewable green hydrogen and green industrial products. JSW Future Energy is a wholly-owned subsidiary of JSW Energy. It is part of the JSW Group – a diversified business conglomerate in India with interests in energy, steel, cement, paints, infrastructure, venture capital and sports. Currently, JSW Energy has 4,559 MW of operational hydro, solar and thermal power capacity. The firm has about 2,500 MW of Renewable energy projects under development which are likely to complete by 2023, a JSW statement said. FFI is the renewable energy and industry firm of Fortescue Metals Group (Fortescue). It has an initial plan to generate 15 million tonnes per annum of green hydrogen by 2030. Fortescue aims to attain carbon neutrality by 2030. The company said that FFI is a fundamental enabler of accomplishing this goal through the development of their green hydrogen, green ammonia, green electricity, and other green industrial projects. Image Source Also read: Indian Oil to develop green hydrogen plant at Mathura refinery Also read: Fusion Fuel, BGR Energy to develop green hydrogen projects in India

Infrastructure Transport

07 Apr 2026

Large Format Store Planned At M G Road Metro Station

M G Road station in Bengaluru is set to host the city’s first large-format commercial and experience space, with planning led by Bangalore Metro Rail Corporation Limited. BMRCL has invited proposals to develop and operate a central business district destination at the Purple?Pink Line interchange. The plan positions the station as a commercial hub designed to serve a broad commuter base across the city. The proposal is part of a broader effort to activate transit nodes commercially. Tender documents set a minimum monthly rental of Rs 0.944 million (mn), inclusive of GST, for the large-format..

Infrastructure Energy

07 Apr 2026

Government Cancels Auction Of Eleven Critical Mineral Blocks

The government has cancelled the auction of 11 critical and strategic mineral blocks after receiving a poor investor response and failing to attract a sufficient number of qualified bidders. The decision represents a setback to plans to ramp up domestic exploration and production of critical minerals amid global supply chain disruptions and rising demand for materials used in clean energy and advanced technologies. The mines ministry issued an annulment notice setting out the reasons for the cancellations. The annulment notice indicated that the auction process for five mineral blocks was canc..

Infrastructure Energy

07 Apr 2026

Gujarat Pushes Biogas Growth With 193 Operational Units

Gujarat has operationalised 193 biogas plants across the state and is planning to add 60 more units as part of a broader push to scale up clean and sustainable energy solutions. The existing plants, established under various government-supported schemes, process organic waste including cattle dung and agricultural residue to produce biogas and a nutrient-rich slurry. The output is mainly used for cooking and other energy needs in rural and semi-urban communities, while also improving local waste management practices. The Gujarat Energy Development Agency (GEDA) is leading the initiative and is..