Government Approves Rs 797 Crore Green Hydrogen Jetty at Paradip Port
The Centre has sanctioned Rs 797 crore for a green hydrogen jetty at Paradip Port, boosting India's clean energy infrastructure.
The Indian government has approved a Rs 797 crore project to build a green hydrogen jetty at Paradip Port in Odisha. This move is part of the Centre's push to expand clean energy infrastructure and reduce carbon emissions.
The green hydrogen jetty will support the production, storage, and export of green hydrogen, a key component in India's transition to renewable energy. Paradip Port, one of the country's major ports, is strategically chosen for its logistical advantages and proximity to industrial hubs.
The project aligns with India's National Hydrogen Mission, which aims to position the country as a global leader in green hydrogen production. Green hydrogen, produced using renewable energy sources, is seen as a vital solution to decarbonize industries like steel, cement, and transportation.
The Rs 797 crore investment will cover the development of specialized infrastructure, including storage facilities and pipelines, to handle green hydrogen safely and efficiently. The jetty will also facilitate the export of green hydrogen to international markets, bolstering India's role in the global clean energy supply chain.
Officials highlight that the project will create jobs and stimulate economic growth in the region while advancing India's climate goals. The approval comes amid growing global demand for green hydrogen and India's ambition to achieve net-zero emissions by 2070.
Paradip Port's green hydrogen jetty is expected to be operational within the next few years, marking a significant milestone in India's clean energy journey.
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