Bhubaneswar Hydrogen Valley Plan: Hero's arm shortlisted
POWER & RENEWABLE ENERGY

Bhubaneswar Hydrogen Valley Plan: Hero's arm shortlisted

Hero Future Energies (HFE), the renewable energy division of the Hero Group, has been shortlisted as a consortium partner for the Bhubaneswar Hydrogen Valley Innovation Cluster (HVIC). HFE will serve as IIT-Bhubaneswar's industrial partner.

The company will provide solutions for direct reduction of iron and heavy-duty mobility, amongst others, which will involve producing renewable energy and green hydrogen. The report mentions that the Bhubaneswar-HVIC will produce hydrogen through the electrolyser mode and will be targeting the steel and mobility sectors. The government had invited bids from agencies to form 15 hydrogen valley innovation clusters.

The Department of Science and Technology is supporting four green hydrogen valleys this year, one each in Kerala, Pune, Bhubaneshwar, and Jodhpur. These projects will be upgraded to commercial scale and will be managed by a new Section 8 company for operation sustainability beyond the five-year period. A hydrogen valley is described as a defined geographical area where hydrogen serves more than one end-sector or application, covering steps in the hydrogen value chain from production to storage and its transport and distribution to various off-takers.

The aim behind setting up such valleys is to boost the research, innovation, and capacity of scientific and industrial actors in the area and demonstrate clean hydrogen solutions with a view to local, regional, and nation-wide deployment.

Hero Future Energies (HFE), the renewable energy division of the Hero Group, has been shortlisted as a consortium partner for the Bhubaneswar Hydrogen Valley Innovation Cluster (HVIC). HFE will serve as IIT-Bhubaneswar's industrial partner. The company will provide solutions for direct reduction of iron and heavy-duty mobility, amongst others, which will involve producing renewable energy and green hydrogen. The report mentions that the Bhubaneswar-HVIC will produce hydrogen through the electrolyser mode and will be targeting the steel and mobility sectors. The government had invited bids from agencies to form 15 hydrogen valley innovation clusters. The Department of Science and Technology is supporting four green hydrogen valleys this year, one each in Kerala, Pune, Bhubaneshwar, and Jodhpur. These projects will be upgraded to commercial scale and will be managed by a new Section 8 company for operation sustainability beyond the five-year period. A hydrogen valley is described as a defined geographical area where hydrogen serves more than one end-sector or application, covering steps in the hydrogen value chain from production to storage and its transport and distribution to various off-takers. The aim behind setting up such valleys is to boost the research, innovation, and capacity of scientific and industrial actors in the area and demonstrate clean hydrogen solutions with a view to local, regional, and nation-wide deployment.

Next Story
Infrastructure Urban

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Next Story
Infrastructure Energy

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Next Story
Infrastructure Urban

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement