RIL to lead Rs 1 tn investment in Kandla's green units
ECONOMY & POLICY

RIL to lead Rs 1 tn investment in Kandla's green units

Reliance Industries (RIL) and Larsen and Toubro (L&T) as well as energy companies Greenko Group and Welspun New Energy are planning to establish green hydrogen and green ammonia units at Gujarat?s Deendayal Port Authority (DPA) in Kandla. Three industry executives, who are knowledgeable about the matter, have indicated that the project might witness a cumulative investment of up to Rs 1 trillion. They have highlighted that this investment would rank among the largest in the sector and the energy infrastructure domain in India.

It has been conveyed that the port authority had received expressions of interest for 14 land parcels, each spanning 300 acres, in October the previous year. These parcels were designated for 1 million tonnes per annum (MTPA) of green ammonia production. DPA allocated the plots to the four companies.

"As per our knowledge, DPA provided 14 plots encompassing approximately 4,000 acres of land in total. Out of this, RIL has been assigned six plots, L&T has been allotted five, Greenko Group has secured two, and Welspun New Energy has been given one plot. These four companies emerged as the highest bidders in the auction," one of them remarked.

The details have not been publicly disclosed due to the Model Code of Conduct being in effect before the general elections. A formal announcement will be made in June following the elections.

Kandla port aims to achieve a green ammonia production capacity of 7 MTPA and 1.4 MTPA of green hydrogen. Situated in the Gulf of Kutch, DPA stands as one of the prominent ports along the western coast of the country. Green hydrogen (GH2) is produced through the electrolysis of water utilizing power from renewable energy sources, with no emission of greenhouse gases. This aligns with the global endeavor to position green hydrogen as the fuel capable of assisting nations in achieving their net-zero emission objectives, considering that water is the sole byproduct. Ammonia represents the largest end-user segment for green hydrogen and holds a crucial role in enabling the production of GH2 at a significant scale.

Reliance Industries (RIL) and Larsen and Toubro (L&T) as well as energy companies Greenko Group and Welspun New Energy are planning to establish green hydrogen and green ammonia units at Gujarat?s Deendayal Port Authority (DPA) in Kandla. Three industry executives, who are knowledgeable about the matter, have indicated that the project might witness a cumulative investment of up to Rs 1 trillion. They have highlighted that this investment would rank among the largest in the sector and the energy infrastructure domain in India. It has been conveyed that the port authority had received expressions of interest for 14 land parcels, each spanning 300 acres, in October the previous year. These parcels were designated for 1 million tonnes per annum (MTPA) of green ammonia production. DPA allocated the plots to the four companies. As per our knowledge, DPA provided 14 plots encompassing approximately 4,000 acres of land in total. Out of this, RIL has been assigned six plots, L&T has been allotted five, Greenko Group has secured two, and Welspun New Energy has been given one plot. These four companies emerged as the highest bidders in the auction, one of them remarked. The details have not been publicly disclosed due to the Model Code of Conduct being in effect before the general elections. A formal announcement will be made in June following the elections. Kandla port aims to achieve a green ammonia production capacity of 7 MTPA and 1.4 MTPA of green hydrogen. Situated in the Gulf of Kutch, DPA stands as one of the prominent ports along the western coast of the country. Green hydrogen (GH2) is produced through the electrolysis of water utilizing power from renewable energy sources, with no emission of greenhouse gases. This aligns with the global endeavor to position green hydrogen as the fuel capable of assisting nations in achieving their net-zero emission objectives, considering that water is the sole byproduct. Ammonia represents the largest end-user segment for green hydrogen and holds a crucial role in enabling the production of GH2 at a significant scale.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Sabarmati Riverfront Two Plots Up for Auction at Rs2.24 bn Base Price

Two commercial plots on the western bank of the Sabarmati Riverfront will be auctioned with a base price of Rs 112 crore each, equivalent to Rs 1.12 bn apiece and Rs 2.24 billion in total. The parcels are located adjacent to the Metro Rail Bridge in Ahmedabad and form the first commercial offering after a prolonged pause. The Riverfront Development Corporation has framed the sale as part of a phased commercial release to revive development along the riverfront. The combined base valuation has been set by the corporation to reflect market rates along the riverfront. The corporation has fixed a ..

Next Story
Infrastructure Urban

Andhra Pradesh to Connect Over One Million Streetlights

Andhra Pradesh will undertake a statewide smart streetlighting programme across all 123 Urban Local Bodies (ULBs), bringing around 1.05 million (mn) streetlights under an AI enabled monitoring and management system. The programme will be implemented by Energy Efficiency Services Limited (EESL) with the Commissioner and Director of Municipal Administration under the state Municipal Administration and Urban Development Department. The project aims to convert conventional streetlighting into a digitally managed municipal service monitored and maintained remotely. The initial phase will cover abou..

Next Story
Infrastructure Urban

AMC To Procure Four Machines For Guard Rail Cleaning

Ahmedabad Municipal Corporation will introduce four specialised machines for cleaning guard railings along major roads and the central verges of BRTS and Metro corridors. The civic body plans to replace manual labour with mechanised cleaning to improve maintenance of road infrastructure and greenery. The purchase is estimated at Rs 82.8 million (mn), excluding GST. The proposal sets the base price of each machine at about Rs 20.7 million (mn) so four units total Rs 82.8 million (mn) before GST. 18 per cent GST will be applicable separately. During the warranty period each machine will operate ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement