Indraprastha Gas and ACME Group strike a green hydrogen partnership

10 May 2023 CW Team

A memorandum of understanding (MoU) was signed by the city gas distributor Indraprastha Gas and the diverse renewable energy company ACME Group to jointly investigate possible commercial opportunities in green hydrogen.

Across order to encourage consumer acceptance and generate demand for green hydrogen across the nation, ACME and IGL will collaborate. They will also look at the possibility of setting up hydrogen production facilities, including electrolyzer deployment, to include green hydrogen into IGL's current pipeline networks that feed gas to homes, businesses, and other settings, as well as CNG for vehicles.

Manoj K Upadhyay, Chairman, ACME Group and Founder, stated, "Both the partners will identify areas/projects for green hydrogen adoption in the country."

While IGL, a green energy supplier to numerous cities and millions of homes, has a ready-made network to combine green hydrogen, ACME offers its knowledge and skills to the cooperation. According to Ashwani Dudeja, President and Director (Green Hydrogen and Ammonia), ACME Group, "the two partners will also cooperate on policy matters and help the industry and government to bring in an enabling regulatory framework that facilitates and incentivizes the customers to provide long-term offtake commitments for green hydrogen and green ammonia."

IGL and IOCL worked together to run a hydrogen-enriched compressed natural gas (H-CNG) pilot project in Delhi.

Also read:
Asia's largest underwater hydrocarbon pipeline across Brahmaputra
Belgium’s Vito will shortly launch a biodiesel project in Ayodhya

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..