+
Linde commits $1 billion investment in India over 3-5 years
POWER & RENEWABLE ENERGY

Linde commits $1 billion investment in India over 3-5 years

Linde, a global industrial gases and engineering company, has announced plans to invest $1 billion in India over the next 3-5 years. Currently, Linde's gases business in India holds a modest 3% market share, and the company aims to increase this to 5% within the five-year timeframe. The investment will primarily be executed by Linde's project engineering group, leveraging their strong technical capabilities.

Regarding Linde's role in India's green hydrogen economy, the company expresses satisfaction with the government's incentives, as they are expected to drive activity and foster innovation and technological advancements. Linde envisions leading developments in this space and anticipates sharing more details in the coming days. While the focus in India currently revolves around green hydrogen or electrolysis hydrogen, Linde disagrees with the view that green hydrogen can be obtained for $1 per kilogram.

Drawing from their experience in the industry, Linde explains that electrolysis technology is relatively crude, requiring significant power input (54 kW) to generate one kilogram of hydrogen. Process optimisation offers limited scope, and the primary avenue for improvement lies in scaling up the size of the electrolyser. Consequently, the cost of green hydrogen remains high. Linde acknowledges their ongoing work in proton exchange membrane (PEM) electrolysis and other electrolysis technologies but foresees a technology roadmap that will take at least five to seven years to achieve scalable, cost-effective, safe, and reliable green hydrogen solutions.

Linde, a global industrial gases and engineering company, has announced plans to invest $1 billion in India over the next 3-5 years. Currently, Linde's gases business in India holds a modest 3% market share, and the company aims to increase this to 5% within the five-year timeframe. The investment will primarily be executed by Linde's project engineering group, leveraging their strong technical capabilities.Regarding Linde's role in India's green hydrogen economy, the company expresses satisfaction with the government's incentives, as they are expected to drive activity and foster innovation and technological advancements. Linde envisions leading developments in this space and anticipates sharing more details in the coming days. While the focus in India currently revolves around green hydrogen or electrolysis hydrogen, Linde disagrees with the view that green hydrogen can be obtained for $1 per kilogram.Drawing from their experience in the industry, Linde explains that electrolysis technology is relatively crude, requiring significant power input (54 kW) to generate one kilogram of hydrogen. Process optimisation offers limited scope, and the primary avenue for improvement lies in scaling up the size of the electrolyser. Consequently, the cost of green hydrogen remains high. Linde acknowledges their ongoing work in proton exchange membrane (PEM) electrolysis and other electrolysis technologies but foresees a technology roadmap that will take at least five to seven years to achieve scalable, cost-effective, safe, and reliable green hydrogen solutions.

Next Story
Infrastructure Transport

Noida to Revamp Transport Nagar Chowk with Rs 4-Crore Beautification Plan

The Noida Authority has unveiled plans to redevelop Transport Nagar Chowk in Sector 67 with a Rs 4-crore beautification project. Aimed at enhancing connectivity, accessibility, and urban aesthetics, the project will upgrade a 500-metre stretch along DSC Road with modern, inclusive, and sustainable infrastructure.Officials stated that the stretch will be enhanced with ornamental lighting, sculptures, seating areas, bollards, food kiosks, and ramps for differently-abled individuals. A tender for the project is expected to be issued soon.Neelima Rana, partner at Orionn Architects—the firm behin..

Next Story
Infrastructure Transport

Centre Approves Noida Metro Extension to Bodaki Multimodal Hub

The Central government has approved the extension of the Noida Metro Aqua Line from Depot Station to the upcoming Multimodal Transport Hub (MMTH) at Bodaki, marking a major push for enhanced connectivity in the National Capital Region (NCR). The 2.6-km extension is expected to be completed within three years.The project, already cleared by the Uttar Pradesh Cabinet, will now move to the construction stage under the supervision of the Noida Metro Rail Corporation (NMRC). The extended route will include two additional stations — Junpat Village and Bodaki — connecting to the MMTH, which will ..

Next Story
Infrastructure Urban

Tata Steel Kalinganagar Cuts Freshwater Use by Over 40%

Tata Steel Kalinganagar, located in Jajpur district of Odisha, has achieved a significant milestone in water conservation by reducing its freshwater consumption by more than 40 per cent through the adoption of advanced water management technologies and sustainable practices.According to the company, the reduction is the result of multiple process optimisations and the implementation of cutting-edge technologies over the past seven years. Key initiatives include the installation of a Central Effluent Treatment Plant with High-Efficiency Reverse Osmosis, Mechanical Vapour Recompression (MVR) sys..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?