Uttar Pradesh Targets Green Hydrogen Surge
ECONOMY & POLICY

Uttar Pradesh Targets Green Hydrogen Surge

Uttar Pradesh has set an ambitious target to produce 1 million metric tonnes of Green Hydrogen and Green Ammonia annually by 2029, aiming to secure a leadership position in the renewable energy sector. The state government has already received investment proposals worth ?1.15 lakh crore from 17 entities, promising to create around 20,000 jobs across the region. Among the notable investors, UK-based Trafalgar Square Capital plans to establish a 10,000-tonne-per-year green hydrogen production facility near Lucknow. Additionally, Welspun Group will invest ?40,000 crore in Bulandshahr for a Green Hydrogen and Green Ammonia plant, while Hygenco Green Energies Pvt Ltd is setting up a 0.2 million-tonne green hydrogen facility in Prayagraj with an investment of ?16,000 crore.

Anupam Shukla, Director of UPNEDA, emphasized that the state’s initial focus would be the use of hydrogen in nitrogenous fertilizers and refineries. Future plans involve expanding green hydrogen applications in other emerging industries aligned with India's National Green Hydrogen Mission.

The state government has launched the ‘Uttar Pradesh Green Hydrogen Policy 2024,’ offering administrative and financial incentives to accelerate green hydrogen and ammonia production. This move supports India’s decarbonization strategy, particularly in the chemicals and fertilizers sectors, and contributes to the country’s broader goal of achieving net-zero emissions by 2070. The government is also promoting industrial infrastructure development for green hydrogen production, coupled with regulatory reforms and a single-window clearance facility to enhance ease of doing business.

Uttar Pradesh has set an ambitious target to produce 1 million metric tonnes of Green Hydrogen and Green Ammonia annually by 2029, aiming to secure a leadership position in the renewable energy sector. The state government has already received investment proposals worth ?1.15 lakh crore from 17 entities, promising to create around 20,000 jobs across the region. Among the notable investors, UK-based Trafalgar Square Capital plans to establish a 10,000-tonne-per-year green hydrogen production facility near Lucknow. Additionally, Welspun Group will invest ?40,000 crore in Bulandshahr for a Green Hydrogen and Green Ammonia plant, while Hygenco Green Energies Pvt Ltd is setting up a 0.2 million-tonne green hydrogen facility in Prayagraj with an investment of ?16,000 crore. Anupam Shukla, Director of UPNEDA, emphasized that the state’s initial focus would be the use of hydrogen in nitrogenous fertilizers and refineries. Future plans involve expanding green hydrogen applications in other emerging industries aligned with India's National Green Hydrogen Mission. The state government has launched the ‘Uttar Pradesh Green Hydrogen Policy 2024,’ offering administrative and financial incentives to accelerate green hydrogen and ammonia production. This move supports India’s decarbonization strategy, particularly in the chemicals and fertilizers sectors, and contributes to the country’s broader goal of achieving net-zero emissions by 2070. The government is also promoting industrial infrastructure development for green hydrogen production, coupled with regulatory reforms and a single-window clearance facility to enhance ease of doing business.

Next Story
Infrastructure Urban

TCC Concept Reports 480% Revenue Growth in Q1FY27

TCC Concept  has reported strong financial performance for the first quarter of FY27, with revenue from operations rising 480% year-on-year to Rs 1,283 million.The company’s EBITDA increased 158% year-on-year to Rs 463 million, with an EBITDA margin of 36.1%. Profit after tax (PAT) grew 34% year-on-year to Rs 126 million during the quarter.The growth was supported by continued execution across TCC’s integrated ecosystem spanning consumer commerce, supply chain, digital infrastructure, cloud, PropTech and AI-led platforms.Pepperfry continued to strengthen its omnichannel expansion stra..

Next Story
Real Estate

ANHAD Developers Appoints Akash Lakhina as Sales Head

ANHAD Developers has appointed Akash Lakhina as Head of Sales, Marketing and CRM as the company strengthens its leadership team ahead of its entry into Gurugram’s premium residential market.The appointment follows Adil Altaf taking charge as CEO of the group’s real estate vertical. Lakhina will be responsible for driving the company’s sales, marketing and customer relationship initiatives for its upcoming luxury developments.With nearly three decades of professional experience, Lakhina brings expertise across multiple industries, including over a decade in luxury real estate. His experie..

Next Story
Real Estate

BXB Estates Records AED 110 Million Luxury Villa Sale in Dubai

BXB Estates has completed a record AED 110 million residential transaction at Jumeirah Golf Estates, marking the highest-value residential sale in the history of one of Dubai’s most prestigious communities.The transaction, negotiated by Alfie Tabrez, Managing Partner, BXB Estates, surpasses the previous record of AED 58 million for a completed ready villa.The six-bedroom luxury residence features a built-up area of 21,714 sq ft on a 15,873 sq ft plot. The property includes nine bathrooms, four living lounges, a home office, bar lounge, private cinema and rooftop terrace. Its wellness facilit..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement