India stands on the cusp of a transformative energy revolution with the advent of its first operational green hydrogen plant, spearheaded by Haryana-based Hygenco.
In a nation grappling with escalating energy demands and heavy reliance on fossil fuels, the emergence of green hydrogen offers a beacon of hope for energy independence and environmental stewardship. With over 80% of India’s fuel requirements imported and fossil fuels dominating electricity generation, the imperative to embrace alternative energy sources has never been more pressing.
Green hydrogen, produced through the electrolysis of water using renewable electricity, presents a game-changing solution to mitigate carbon emissions associated with traditional hydrogen production methods. With an estimated 830 million tonnes of CO2 emissions attributed to hydrogen production annually, transitioning to green hydrogen holds immense potential to curb greenhouse gas emissions and usher in a cleaner, greener energy era.
Founded in 2020 by visionary entrepreneur Amit Bansal, Hygenco aims to catalyze India’s journey towards energy independence and sustainability. Through strategic investments in green hydrogen infrastructure and comprehensive techno-commercial solutions, Hygenco is poised to revolutionize the country’s energy landscape and pave the way for a sustainable future.
Hygenco’s partnership with Sterlite Technologies Limited (STL) exemplifies a collaborative approach to advancing green hydrogen adoption in India. By signing a long-term offtake agreement for green hydrogen and green oxygen, Hygenco and STL are pioneering the transition to clean energy solutions while bolstering India’s self-reliance and resilience.
