Government Allocates Rs 1.15 Bn for Green Hydrogen Pilot

06 Feb 2024 CW Team

The Government of India has allocated Rs 1.15 billion for a green hydrogen pilot project in the shipping sector. Announced by the Ministry of New and Renewable Energy (MNRE), this initiative aims to promote the adoption of green hydrogen as a sustainable fuel alternative in the maritime industry.

The allocated funds will support the development and implementation of the green hydrogen pilot project, which will focus on exploring the feasibility and effectiveness of using green hydrogen as a clean fuel source for shipping operations. The project aligns with India's commitment to reducing carbon emissions and transitioning towards greener and more sustainable energy solutions.

The green hydrogen pilot project in the shipping sector holds significant potential to drive innovation and technological advancement in the maritime industry. By investing in green hydrogen technology, the government seeks to enhance the environmental sustainability of the shipping sector while fostering economic growth and job creation in the renewable energy domain.

Stakeholders in the shipping and renewable energy sectors welcome this initiative, recognising its potential to transform the maritime industry and contribute to India's climate goals. The green hydrogen pilot project represents a crucial step towards achieving a cleaner and more sustainable future for India's shipping sector.

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..