+
H2e Power Systems to build HP’s first green hydrogen project
POWER & RENEWABLE ENERGY

H2e Power Systems to build HP’s first green hydrogen project

H2e Power Systems has secured a tender from Oil India (OIL) to establish a 1 MW green hydrogen project in Himachal Pradesh, marking a significant step towards renewable energy in the region. The project is slated for commissioning within 18 months of receiving the letter of award.

In December 2023, Oil India issued bids for the project, which will have a hydrogen generation capacity of 17 kg/hr. H2e will utilise its steam electrolysis system based on solid oxide fuel cell (SOFC) technology, which is expected to offer lower onsite hydrogen production costs compared to traditional methods. The hydrogen output will be flexible, varying between 0 and 125%.

Supply of green hydrogen will be measured quarterly, and if there is any shortfall in production, the bidder will incur a penalty of Rs 350 per kg to the owner.

In 2023, the Strategic Interventions for Green Hydrogen Transition (SIGHT) program was launched under the Green Hydrogen Mission, with a financial commitment of Rs 174.9 billion. The Ministry of New and Renewable Energy (MNRE) has allocated Rs 4 billion for the development of green hydrogen hubs and related projects, aiming to establish two hubs in the initial phase to promote large-scale hydrogen production and utilization.

The MNRE has defined green hydrogen as having a well-to-gate emission of less than 2 kg CO2 equivalent per kg of H2. Additionally, the MNRE has issued guidelines for providing incentives for the production of up to 450,000 metric tons of green hydrogen annually under Component II of the SIGHT program.

In August 2024, the National Institute of Solar Energy also invited proposals to develop testing facilities and infrastructure to create standards and regulatory frameworks as part of the National Green Hydrogen Mission. (Mercom)

H2e Power Systems has secured a tender from Oil India (OIL) to establish a 1 MW green hydrogen project in Himachal Pradesh, marking a significant step towards renewable energy in the region. The project is slated for commissioning within 18 months of receiving the letter of award. In December 2023, Oil India issued bids for the project, which will have a hydrogen generation capacity of 17 kg/hr. H2e will utilise its steam electrolysis system based on solid oxide fuel cell (SOFC) technology, which is expected to offer lower onsite hydrogen production costs compared to traditional methods. The hydrogen output will be flexible, varying between 0 and 125%. Supply of green hydrogen will be measured quarterly, and if there is any shortfall in production, the bidder will incur a penalty of Rs 350 per kg to the owner. In 2023, the Strategic Interventions for Green Hydrogen Transition (SIGHT) program was launched under the Green Hydrogen Mission, with a financial commitment of Rs 174.9 billion. The Ministry of New and Renewable Energy (MNRE) has allocated Rs 4 billion for the development of green hydrogen hubs and related projects, aiming to establish two hubs in the initial phase to promote large-scale hydrogen production and utilization. The MNRE has defined green hydrogen as having a well-to-gate emission of less than 2 kg CO2 equivalent per kg of H2. Additionally, the MNRE has issued guidelines for providing incentives for the production of up to 450,000 metric tons of green hydrogen annually under Component II of the SIGHT program. In August 2024, the National Institute of Solar Energy also invited proposals to develop testing facilities and infrastructure to create standards and regulatory frameworks as part of the National Green Hydrogen Mission. (Mercom)

Next Story
Infrastructure Urban

ITCONS Gains on New Rs 3.5 Million Defence Contract

ITCONS E-Solutions is trading at Rs 549.00, up by Rs 12.10 or 2.25 per cent from its previous close of Rs 536.90 on the BSE. The scrip opened at Rs 549.00 and has touched an intraday high and low of Rs 549.00, with 200 shares traded so far.A BSE ‘MT’ group stock with a face value of Rs 10, ITCONS touched its 52-week high of Rs 767.00 on 25 September 2024 and a 52-week low of Rs 166.70 on 5 August 2024. Over the past week, the stock has fluctuated between Rs 560.00 and Rs 510.60. The company's current market capitalisation stands at Rs 3.3 billion.Promoters hold 58.22 per cent of the compan..

Next Story
Infrastructure Urban

Delhi Extends EV Policy Till March 2026

The Delhi government has extended its existing Electric Vehicle (EV) Policy until 31 March 2026, or until a revised version is approved. The decision was made during a Cabinet meeting chaired by Chief Minister Rekha Gupta on Tuesday.According to Transport Minister Pankaj Kumar Singh, the draft of the new policy will undergo broader public consultation before being finalised, prompting the extension to allow time for thorough stakeholder engagement.The consultation process will include inputs from citizens, environmental groups, academic institutions, industry experts, and private firms. Key fo..

Next Story
Infrastructure Urban

Ather Crosses 400 Fast Chargers in Maharashtra

Electric two-wheeler manufacturer Ather Energy announced on Thursday that it has surpassed 400 fast charging points under its Ather Grid network across Maharashtra.The company's fast charging infrastructure now spans 35 cities in the state, including key urban centres such as Mumbai, Nashik, Pune, and Nagpur."Crossing 400 fast chargers in the state is about giving riders the assurance that they'll always find a charger when they need one. As we expand our retail presence, the charging network will continue to grow in tandem to make EV ownership truly seamless," said Ravneet Singh Phokela, Chie..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?