Adani New Industries (ANIL), a subsidiary of Adani Enterprises, has invested a staggering $2.5 billion in developing a comprehensive backward integrated value chain for its ambitious green hydrogen project.
This groundbreaking initiative, located in Mundra, Gujarat, aims to implement the first phase with an annual capacity of 1 million tons by FY27.
The overarching goal of this initiative is nothing short of transformative. ANIL plans to elevate the plant’s capacity to an impressive 3 million tons over the next decade, accompanied by a substantial investment of $50 billion. However, the realization of this ambitious plan is contingent upon market conditions and the success of the initial phase.
At the heart of this project is a meticulous backward integration, encompassing solar, wind, electrolysers, and allied equipment for the generation of green hydrogen and its sustainable derivatives. The solar value chain, spanning from polysilicon to modules, is a key component being developed as part of the electronic manufacturing cluster at Mundra. Joint ventures have been established to produce crucial components like ethylene vinyl acetate, back sheets, aluminum frames, and glass. ANIL has also ventured into wind energy with the development of a 5.2 MW wind turbine generator.
Green hydrogen is positioned as a pivotal focus area for the Adani Group, evident in their substantial investments in the entire production supply chain. The project involves the production of supply chain products crucial for green hydrogen generation, including solar-polysilicon, ingots, wafers, cells, modules, and wind turbine generators. Downstream derivatives such as green ammonia, green methanol, and sustainable aviation fuels underscore Adani’s commitment to sustainable energy solutions.