Uttar Pradesh has attracted nearly 1.15 INR-Trillion in private investment proposals for the green hydrogen sector. These projects, from 17 different companies, are set to create job opportunities for 20,000 people.
Among the notable contributors, UK-based Trafalgar Square Capital will establish a green hydrogen facility near Lucknow. The production capacity will be around 10,000 tonnes per annum.
Also Read: Economic Survey FY 2023-24: Unveiling Industrial Sector Achievements & Future Projections
Additionally, textile giant Welspun Group plans to invest an estimated 40,000 INR-Crore in a green hydrogen or ammonia plant in Bulandshahr. Meanwhile, Hygenco Green Energies will set up a 0.2 Million Tonne green hydrogen plant in Prayagraj. The estimated investment for this project is 16,000 INR-Crore.
Furthermore, the Yogi Adityanath Government aims to produce 1 Million Tonnes of green hydrogen or ammonia annually by 2029. These investments in green hydrogen are set to position UP as a key player in India’s clean energy transition.
Biltrax Construction Data is tracking 32,000+ projects on their technology platform for their clients.
Get exclusive access to upcoming projects in India with actionable insights. Furthermore, gain a competitive advantage for your products in the Indian Construction Market.
Visit www.biltrax.com or email us at contact@biltrax.com to become a subscriber and generate leads.
Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. Furthermore, The image featured in this article is for representation purposes only. It does not in any way represent the project. If you wish to remove or edit the article, please email editor@biltrax.com.
0
