Essar Groupplans to invest an estimated INR 30,000 Crore over the next four years to establish a Green Hydrogen Plant in Jamnagar, Gujarat. The metals-to-infrastructure conglomerate aims to make clean energy a key pillar for its new growth phase.
Essar Future Energy plans to develop 1 GW (Gigawatt) of hydrogen capacity in Jamnagar. Moreover, it will establish a green molecules capacity of 1 Million Tonnes per annum over the next four years.
Also Read: JSW Energy to set up India’s largest 25 MW Green Hydrogen Project for JSW Steel
Essar Group aims to decarbonize its oil refinery in the UK. Additionally, it plans to build a green steel plant in Saudi Arabia. The group will also create an LNG and electric ecosystem to decarbonize long-haul heavy trucks.
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