Uttar Pradesh secures 1.15 INR-Trillion investment for Green Hydrogen projects

Riya Fernandes Sep 20, 2024 0

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.


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