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hydrogen

Kerala’s Billion-Dollar Investment in Green Transport

Anela DoksoBy Anela Dokso05/12/20232 Mins Read
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The state of Kerala in India has earmarked substantial funds for its green transport corridor and initiated a pivotal phase of the green hydrogen valley project, highlighting a significant step in the region’s commitment to clean energy and eco-friendly infrastructure.

The state has allocated a staggering USD 1.4 billion for the green transport corridor, emphasizing the importance of transitioning major transport corridors into environmentally conscious trade routes. Additionally, approximately USD 10 million has been allocated for the first phase of the green hydrogen valley project, demonstrating a robust commitment to hydrogen-based clean energy.

The allocated budget for the green hydrogen valley project aims to establish Hydrogen Valley platforms, with proposals already submitted for the Kochi Valley and ongoing preparations for the Vizhinjam project. Under the ‘Mission Innovation’ initiative, the Department of Science and Technology (DST) has invited proposals to catalyze hydrogen valley projects. This initiative involves collaboration with 23 countries and the European Commission to foster research and investment in green technologies.

Kerala envisions not only hydrogen valleys but also the integration of floating solar power projects and a comprehensive network of charging infrastructure for electric and hydrogen-powered vehicles along the Vizhinjam to Kochi corridor.

The transformative impact of these initiatives is vast. By investing USD 780 million in the coastal highway project and USD 420 million in the hill highway project, Kerala aims to convert major transport corridors into green economic trade routes. The establishment of hydrogen valleys and supporting infrastructure not only accelerates the adoption of clean energy but also positions Kerala as a hub for innovation and sustainable development.

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