Prime Minister Narendra Modi, on January 8, 2025, laid the foundation stone for NTPC Green Energy Ltd’s (NGEL) green hydrogen hub project at Pudimadaka near Visakhapatnam in Andhra Pradesh.
The Prime Minister laid the foundation stone virtually from Visakhapatnam in the presence of S. Abdul Nazeer, Governor of Andhra Pradesh, N. Chandrababu Naidu, Chief Minister of Andhra Pradesh, K. Rammohan Naidu, Minister of Civil Aviation, K Pawan Kalyan, Deputy Chief Minister of Andhra Pradesh and other dignitaries, a release by NTPC said.
The project, which is being developed jointly by NGEL, the renewable arm of NTPC Ltd., and NREDCAP, the renewable arm of the Andhra Pradesh government is the first Green Hydrogen Hub under the National Green Hydrogen Mission.
NGEL and NREDCAP have already signed a joint venture agreement for development of 20 GW RE projects, 1,500 tpd green hydrogen and 7,500 tpd green hydrogen derivatives (including green methanol, green urea and sustainable aviation fuel), making it one of India’s largest integrated green hydrogen production facilities.
The upcoming hub is expected to bring around Rs.1,85,000 crore (Rs.1.85 trillion) worth of investment to the state and provide huge employment opportunities while at the same time contributing substantially in achieving India’s non-fossil energy capacity target of 500 GW by 2030.
Other states
NGEL has also signed a similar MoU with the Rajasthan government for development of 25 GW of renewable energy projects in Rajasthan. Going forward, NGEL is also exploring similar kind of collaborations with other state governments, the release added.
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