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    <author>ENA</author>
    <category>Sectors</category>
    <date>2025-01-10 14:29:55</date>
    <fulldesc>&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;&lt;strong&gt;Amravati, Jan 10 (KNN)&lt;/strong&gt; In a historic step toward a greener future, Prime Minister Narendra Modi virtually inaugurated the NTPC Green Energy Limited (NGEL) Green Hydrogen Hub Project in Andhra Pradesh on Wednesday.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;As Indias first Green Hydrogen Hub under the National Green Hydrogen (NGH) Mission, the project is set to position the state at the forefront of the nations renewable energy revolution.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;This landmark initiative is the result of a collaboration between NTPC Green Energy Limited (NGEL) and the New &amp;amp; Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP).&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Together, they have formed a joint venture to develop an ambitious 20 GW of renewable energy projects.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Central to the ventures vision is the production of 1,500 tonnes per day (TPD) of green hydrogen and 7,500 TPD of green derivatives, promising to reshape Indias clean energy landscape.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;With an estimated investment of Rs 1.85 lakh crore, the project is a major economic boost for Andhra Pradesh. Beyond financial returns, its expected to generate a significant number of job opportunities, creating a ripple effect of growth across local industries.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The initiative aligns seamlessly with Indias broader goal of achieving a 500 GW non-fossil energy capacity by 2030, reinforcing the countrys commitment to a sustainable future.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;During the inauguration, Prime Minister Modi emphasised the importance of such ventures in transitioning toward cleaner energy sources while strengthening the nations energy independence.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Looking beyond Andhra Pradesh, NGEL is setting its sights on Rajasthan, having signed a Memorandum of Understanding (MoU) with the state government to develop an even larger 25 GW of renewable energy projects.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Discussions with other states are also underway, signalling NGELs intent to expand its footprint in green energy.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;As India races to meet its green energy targets, projects like this underscore the potential of collaborative efforts in shaping a sustainable, energy-secure future for the country.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;strong&gt;&lt;em&gt;&lt;span style=&quot;font-size:14px&quot;&gt;(KNN Bureau)&lt;/span&gt;&lt;/em&gt;&lt;/strong&gt;&lt;/p&gt;&#13;
</fulldesc>
    <id>40587</id>
    <link>https://knnindia.co.in/news/newsdetails/sectors/indias-first-green-hydrogen-hub-launched-in-andhra-pradesh-by-pm-modi</link>
    <pubDate>2025-01-10 14:29:55</pubDate>
    <source>knnindia.co.in</source>
    <title>India’s First Green Hydrogen Hub Launched in Andhra Pradesh by PM Modi</title>
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