+
UK willing to collaborate with India on green hydrogen
POWER & RENEWABLE ENERGY

UK willing to collaborate with India on green hydrogen

Alok Sharma UN Climate Change Conference met Union Minister of Power and Renewable Energy RK Singh and revealed the United Kingdom's interest in collaborating with India on green hydrogen.

Singh informed that till March 2021, India already eliminated 16,369 MW of inefficient thermal units.

According to the media reports, both sides showed their interest to explore the possibility of setting up a World bank for Green Energy.

It could materialise the offer for $100 billion climate finance pledged by the developed countries under the Paris Agreement.

The UK requested India to support organising a successful COP26 (UN Climate Change Conference of the Parties), which is to be held from October 31 to November 12 in Glasgow.

Singh showed India's interest in partnering up with the UK on offshore wind. He also emphasised the requirement for developed and developing countries to collaborate to reduce the storage cost.

The minister told the UK delegation that India is the only G20 country under the Paris Agreement whose activities are following the nationally determined contributions (NDCs).

Throughout the meeting, there were discussions regarding the need of increasing storage capacity because of the ambitious target of India, which is to have 450 MW installed Renewable Capacity by 2030.

The UK side is invited to take part in the coming bids for green hydrogen and lithium-ion.

Image Source


Also read: Clean Energy Partnership: US, India set up hydrogen task force

Also read: Govt mandates green hydrogen purchase for some sectors

Alok Sharma UN Climate Change Conference met Union Minister of Power and Renewable Energy RK Singh and revealed the United Kingdom's interest in collaborating with India on green hydrogen. Singh informed that till March 2021, India already eliminated 16,369 MW of inefficient thermal units. According to the media reports, both sides showed their interest to explore the possibility of setting up a World bank for Green Energy. It could materialise the offer for $100 billion climate finance pledged by the developed countries under the Paris Agreement. The UK requested India to support organising a successful COP26 (UN Climate Change Conference of the Parties), which is to be held from October 31 to November 12 in Glasgow. Singh showed India's interest in partnering up with the UK on offshore wind. He also emphasised the requirement for developed and developing countries to collaborate to reduce the storage cost. The minister told the UK delegation that India is the only G20 country under the Paris Agreement whose activities are following the nationally determined contributions (NDCs). Throughout the meeting, there were discussions regarding the need of increasing storage capacity because of the ambitious target of India, which is to have 450 MW installed Renewable Capacity by 2030. The UK side is invited to take part in the coming bids for green hydrogen and lithium-ion. Image Source Also read: Clean Energy Partnership: US, India set up hydrogen task force Also read: Govt mandates green hydrogen purchase for some sectors

Next Story
Infrastructure Urban

GRM Overseas Reports Q1 FY26 Results; Strengthens Global & Domestic Presence

GRM Overseas has announced its unaudited financial results for the quarter ended 30 June 2025. The company reported a positive performance in terms of margins and profitability, despite topline pressures from global geopolitical challenges.Atul Garg, Managing Director, said:"We have maintained healthy margins and profitability while navigating short-term headwinds. Our focus remains on expanding our product portfolio, enhancing brand visibility, and deepening our distribution network. Internationally, we continue to hold a strong position in the Basmati rice export market, particularly in the ..

Next Story
Infrastructure Urban

Zuari Industries Posts Q1 FY26 Revenue Growth; PAT Turns Positive

Zuari Industries has announced its audited financial results for the quarter ended 30 June 2025.On a standalone basis, the company reported Revenue from Operations of Rs 2.10 billion and Operating EBITDA of Rs 220.4 million. Standalone Profit Before Tax (PBT), before exceptional items, stood at Rs 90 million.On a consolidated basis, Revenue rose 10.5 per cent year-on-year to Rs 2.67 billion, while Profit After Tax (PAT) stood at Rs 50 million compared to a loss of Rs 330.6 million in Q1 FY25.Segment HighlightsSugar, Power & Ethanol: Operations were impacted by an early mill closure due to ..

Next Story
Infrastructure Urban

Karnataka Bank Reports Q1 FY26 Net Profit of Rs 2.92 Bn

Karnataka Bank has announced a net profit of Rs 2.92 billion for the first quarter of FY26, compared to Rs 4 billion in Q1 FY25. The results were approved at the Board of Directors meeting held on 13 August 2025 at the Bank’s headquarters in Mangaluru.Asset Quality & Capital AdequacyGross NPA: 3.46 per cent, improved from 3.54 per cent in Q1 FY25.Net NPA: 1.44 per cent, down from 1.66 per cent in Q1 FY25.Capital Adequacy Ratio (CAR): 20.46 per cent, up from 17.64 per cent in Q1 FY25.Announcing the results, Raghavendra S Bhat, Managing Director & CEO, said:"The Bank has registered a m..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?