India aims to lead as green fuel refuelling hub for shipping

07 Sep 2023 CW Team

The Indian government is actively pursuing the goal of establishing India as the primary refueling hub for green hydrogen, ammonia, and methanol in the maritime industry. R K Singh, the Union Minister for Power, New and Renewable Energy, expressed India's commitment to providing these eco-friendly fuels at the most competitive prices.

Singh emphasised that the maritime sector is on the verge of a significant green transformation within the next decade, and India aims to position itself as the foremost refueling destination for environmentally-friendly vessels. He made this declaration during a seminar organised by NTPC.

Additionally, Singh announced that the government intends to initiate pilot projects for the storage of green hydrogen and green ammonia, facilitating the provision of round-the-clock renewable energy. He stated that utilising green hydrogen or ammonia storage for continuous renewable energy could result in cost-effective pricing ranging from approximately 4.25 to 5.50 units. Notably, some companies have already developed turbines capable of utilising green hydrogen and ammonia, with a focus now placed on scaling up these pilot initiatives.

Furthermore, the International Solar Alliance (ISA) has launched the Green Hydrogen Innovation Centre (GHIC) to support the production, utilisation, and global trade of green hydrogen. ISA, serving as the international partner of India's G20 Presidency, will create a comprehensive web portal, offering a centralised platform with access to valuable information regarding green hydrogen, insights into various countries' initiatives, developments in the hydrogen sector, global missions, skill development programs, and community engagement activities.

Infrastructure Transport

11 May 2026

Shivraj Chouhan Launches PMGSY IV and Announces Package for Madhya Pradesh

Union Minister Shivraj Singh Chouhan launched the Pradhan Mantri Gram Sadak Yojana (PMGSY) IV at Bhairunda in Sehore district during the 25 year celebrations and announced a development package for Madhya Pradesh. The programme was organised by the Union Ministry of Rural Development and attended by Chief Minister Dr Mohan Yadav, ministers of state, state ministers, legislators and senior officials from the centre and the state. The minister said the central government under the Prime Minister is committed to strengthening rural livelihoods through improved connectivity, housing and women's in..

DMR Engineering Reports FY 25-26 Financial Results

DMR Engineering reported its half year results for the financial year ended 31 March 2026 and published full year figures on a standalone basis. Standalone revenue from operations decreased by 2.01 per cent year-over-year to Rs 102.58 million (mn), while profit after tax declined by 43.94 per cent to nine point five six mn, leaving a profit after tax margin of nine point zero five per cent. Earnings per share stood at Rs zero point nine two, a fall of 44.71 per cent year-over-year. The company attributed part of the decline to one-off provisioning for bad debts and additional financing charges..

Atlanta Electricals Posts Strong FY26 Growth And Debt Free Finish

Atlanta Electricals reported audited consolidated results for the quarter and year ended 31 March 2026. The company recorded significant year-on-year revenue growth driven by capacity ramp-up at new facilities and higher utilisation at legacy plants. The announcement summarised operating improvements and strategic milestones achieved during the year. For Q4 the company reported revenue of Rs 7.48 bn and for FY26 revenue of Rs 18.52 bn, representing robust growth versus the prior year. EBITDA in Q4 was Rs. 1.49 bn and Rs. 3.44 bn for the full year, with margins expanding to 20 per cent in the q..