Oriana Power Limited has established a wholly owned subsidiary, Evercore Projects Private Limited, to consolidate its presence across power generation, engineering, procurement and construction, and emerging clean fuel technologies including green hydrogen and compressed biogas.
India’s target of 5 million metric tonnes of green hydrogen production annually by 2030 would exceed the current global market by a factor of five, highlighting both the scale of ambition and the execution gap facing the sector.
India’s nuclear sector is entering a structurally expanded phase, with the government preparing to float bids for a 220 MWe Bharat Small Modular Reactor (BSMR-200) within the next three to six months, marking one of the first large-scale applications of standardized small modular reactor design in the country’s clean energy transition strategy.
India’s energy storage market is expanding rapidly alongside renewable capacity additions, but supply chain dependence on imported battery components continues to shape policy risk. A proposed Approved List of Battery Manufacturers framework signals a shift toward tighter control over vendor eligibility in government-backed projects, aligning industrial policy with energy security objectives.
Global renewable power capacity reached 5,149 gigawatts (GW) by end-2025, following a record 692 GW addition that marked a 15.5% annual increase, with renewables capturing 85.6% of all new capacity expansions.
Tensions around the Strait of Hormuz continue to expose a structural weakness in global logistics: a freight system still overwhelmingly dependent on diesel.
India has commissioned approximately 8,000 tonnes per annum of green hydrogen production capacity as of February 2026, marking an early-stage milestone under the National Green Hydrogen Mission.
India’s green hydrogen market has reached a new pricing threshold, with a contract awarded at ₹279 per kilogram for supply to Numaligarh Refinery Limited, a level that begins to narrow the persistent cost gap between low-carbon hydrogen and fossil-based alternatives.
thyssenkrupp nucera has secured a front-end engineering design contract for a 260 MW green hydrogen project in India led by Juno Joule Green Energy Private Limited, where it will integrate alkaline water electrolysis into the plant’s infrastructure.
