Statkraft, Deendayal Port Partner for Green Hydrogen

08 Nov 2023 CW Team

Statkraft, a renewable energy developer, and the Deendayal Port Authority (DPA) have signed a non-binding Memorandum of Understanding (MoU) to explore potential sites for establishing green hydrogen production facilities at Kandla port in Gujarat. The agreement, inked during the Global Maritime India Summit 2023 in Mumbai, marks the initial step in the development of a future green hydrogen hub at Deendayal Port.

India is currently a significant consumer of grey hydrogen, consuming around seven million tonnes annually, making it the world's second-largest hydrogen consumer. As India strives to achieve its net-zero emissions target by 2070, green hydrogen demand is expected to increase in one of the world's fastest-growing economies. This transition will play a vital role in reducing greenhouse gas emissions, particularly in hard-to-abate sectors such as steel, cement, and refineries. Green hydrogen can serve as a sustainable alternative to gray hydrogen, coal, and natural gas in various applications. India's hydrogen demand is projected to reach 12 million tonnes by 2030 and approximately 28 million tonnes by 2050, further emphasising the significance of green hydrogen in the nation's energy landscape.

Infrastructure Urban

10 Mar 2026

ABB to Invest Rs 6.25 Billion to Expand India Manufacturing

ABB recently announced plans to invest approximately Rs 6.25 billion ($75 million) in India during 2026 to expand its manufacturing footprint and research and development capabilities. The investment follows more than $35 million spent in 2025 and reflects the company’s continued focus on strengthening its ‘local-for-local’ strategy in the country.The investment will support ABB’s Electrification, Motion and Automation businesses and expand manufacturing capacity for infrastructure sectors such as renewable energy, metro rail, data centres and industrial applications. Approximately 300..

Six WOLFF Cranes Handle 60,000 m³ Concrete for German Hospital

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REC Funds Rs 115.6 Million CSR Support for Bihar Eye Hospital

REC recently committed Rs 115.6 million under its Corporate Social Responsibility (CSR) programme for the procurement of clinical and non-clinical equipment at Sankara Eye Hospital in Saharsa, Bihar. The initiative aims to strengthen healthcare infrastructure and improve access to specialised eye care services in the region.A Memorandum of Agreement (MoA) was recently signed between Pradeep Fellows, Executive Director (CSR), REC Limited, and Wg Cdr V. Shankar (Retd), Trustee and Executive Director of Sankara Eye Hospital, at the REC office in the SCOPE Complex, New Delhi.The support is expecte..