Green Hydrogen Plant to be Set Up by Jindal Stainless-Hygenco
As per the recent post by Business Standard, Jindal Stainless partnered with Hygenco India Private Limited to set up a green hydrogen plant. Moreover, Jindal Stainless becomes India’s first stainless steel firm to do so.
According to the post,
- Jindal Stainless’ 300 MW hybrid energy project with ReNew to start by 2024
- Project involves solar, wind, and hydrogen energy
- Company aims to become carbon neutral by 2050
- Global hybrid power solutions market projected to grow at 8.5% CAGR by 2027
Interestingly, we have some other posts related to this content:
Green Hydrogen in India’s Steel Industry – Jindal Stainless’s Projects: Jindal Stainless leads India’s steel industry in embracing green hydrogen, with a pilot project in Hisar and plans for a plant in Odisha.