NTPC Green is planning a 30,000 crore transmission network for AP Green Hydrogen hub. Read full article here:
State-owned NTPC Green Energy Ltd is in the process of planning a groundbreaking project to construct a Rs 30,000 crore transmission network specifically tailored to support its upcoming green hydrogen hub in Andhra Pradesh, as reported by Mint. This innovative network, boasting a capacity of 20 GW, will be the first of its kind in the country, designed exclusively to facilitate a green hydrogen project.
The green hydrogen hub, which is slated to span 1,600 acres in Pudimadaka, Andhra Pradesh, is poised to become a key player in India’s future clean energy landscape. According to sources cited in the Mint report, the hub is anticipated to generate 1,500 tonnes of green hydrogen daily, a clean fuel produced through electrolysis powered by renewable energy. Green hydrogen is widely utilized in industries such as steel manufacturing and refineries, playing a crucial role in reducing carbon emissions in traditionally hard-to-decarbonize sectors.
The transmission network will link NTPC’s proposed solar project in Anantapur to the hydrogen hub in Pudimadaka, establishing the groundwork for a dedicated renewable energy system. Unlike conventional power grids, this transmission network will operate independently from the national power grid, specifically engineered to manage continuous renewable energy flow. The system is forecasted to handle between 7 to 8 GW of power at any given time, with the ultimate objective of reaching full capacity of 20 GW by 2032, as outlined in the Mint report.
Currently in the conceptual phase, the development of green hydrogen hubs is dependent on obtaining land allotment approvals from the state government. Once the land is secured, NTPC Green Energy plans to expedite the establishment of the transmission network and the hub itself. The company has stressed the significance of constructing a transmission infrastructure to support India’s renewable energy targets, which include achieving 500 GW of green energy capacity by 2030, as reported by Mint.
The transmission network of the green hydrogen hubs plays a crucial role in meeting this target by facilitating the smooth transfer of renewable energy from solar power plants to the hydrogen production facility. Moreover, the project may necessitate sourcing power from other clean energy generators in Andhra Pradesh, such as the ultra-mega solar power park in Kurnool.
International Collaborations
NTPC Green Energy is currently engaged in discussions with various international companies. According to Mint, NTPC is in negotiations with Japan’s Toyo Engineering Corp. and Norway’s Getek AS to market the green hydrogen produced at the Pudimadaka hub. Additionally, the company is exploring opportunities to collaborate with Australia’s Fortescue on the production of green hydrogen at the site.
Investments
NTPC, India’s largest power generation utility, is intensifying its commitment to green energy. Through its subsidiary, NTPC Green Energy, the company is venturing into the rapidly growing green hydrogen market, with plans to invest Rs 5 lakh crore in green energy by 2030. The company’s green hydrogen hub will act as a plug-and-play model for businesses interested in producing their own hydrogen, similar to special economic zones that attract industries with pre-existing infrastructure. This strategic move establishes NTPC Green Energy as a significant player in the shift towards a low-carbon economy, thanks to its investments in renewable energy and green hydrogen.
Shares of NTPC Green Energy were trading with gains of over 1% at Rs 142.92 per share as of 12:50 pm on the National Stock Exchange (NSE). Since its listing on November 27, the stock has delivered gains of more than 32%.
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