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 Urban

CMPDI installs bio-toilets to boost sanitation and hygiene

The Central Mine Planning and Design Institute (CMPDI), a subsidiary of Coal India Limited under the administrative control of the Ministry of Coal, has installed six modern bio-toilets equipped with bio-digesters and water tanks across various locations in Ranchi. The initiative was carried out under the ongoing Special Campaign 5.0, underscoring CMPDI’s commitment to cleanliness and sustainable sanitation. This effort forms part of a nationwide drive to enhance hygiene standards and improve efficiency in public offices. It aligns with the Government of India’s Swachh Bharat Mission and ..

Next Story
Infrastructure Urban

PM Modi unveils Rs 12.19 billion projects in Kevadia

Prime Minister Shri Narendra Modi inaugurated and laid the foundation stones for development projects worth Rs 12.19 billion in Kevadia on the eve of Sardar Vallabhbhai Patel’s 150th birth anniversary. The projects include the Birsa Munda Bhavan—an iconic centre dedicated to Bhagwan Birsa Munda—a residential complex for GSEC and SSNNL employees, the first phase of the hospitality district, and a Bonsai Garden. During the visit, the Prime Minister also flagged off a fleet of electric buses in Kevadia, an initiative aimed at providing comfortable and sustainable transport facilities for v..

Next Story
Infrastructure Transport

New metro link to connect Delhi airport’s T1 and T3

A new metro station will be part of the upcoming Golden Line to provide direct connectivity between Delhi airport’s Terminal 1 (T1) and Terminal 3 (T3), a senior official confirmed. Among the three terminals at the Indira Gandhi International Airport, Terminals 2 and 3 are located close to each other, while Terminal 1 lies a few kilometres away. In an interview with PTI, Delhi International Airport Ltd (DIAL) CEO Videh Kumar Jaipuriar said that the new integrated station is being planned to link Aerocity with Terminal 1. “The Golden Line was earlier planned to terminate at Aerocity. We h..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?