Greenko orders 28 electrolysers from Belgium’s John Cockerill in hydrogen push

  • The electrolyser units that will be installed at the Una site will enable hydrogen production capacity of 140MW through high-pressure alkaline electrolysis

Saurav Anand
Published2 Feb 2023, 01:18 PM IST
Green hydrogen is produced by splitting water into hydrogen and oxygen using an electrolyzer powered by renewable energy sources such as wind and solar.
Green hydrogen is produced by splitting water into hydrogen and oxygen using an electrolyzer powered by renewable energy sources such as wind and solar.(MINT_PRINT)

New Delhi: Greenko Group on Thursday said Belgium’s John Cockerill will supply 28 units of 5MW alkaline electrolysers to the company for use in its green ammonia plant in Una, Himachal Pradesh.

“The 300-metric-tonne-per-day plant being jointly developed by Greenko ZeroC (GZC), a subsidiary of Greenko Group, and John Cockerill, will be the largest green ammonia plant in India to date and will contribute to the country’s efforts to build large-scale green hydrogen production capacity,” the company said in a statement.

The electrolyser units will enable hydrogen production capacity of 140MW through high-pressure alkaline electrolysis, with the highest levels of purity (99.999%).

The electrolysers are due to be delivered in March 2024 and the plant is set to be commissioned by June 2024, it added.

The order takes place within the framework of the strategic partnership agreement that Greenko and John Cockerill signed in March 2022 to work on projects that will advance the creation of a green hydrogen ecosystem in the Indian subcontinent. As part of this agreement, John Cockerill and Greenko are also jointly developing a two-gigawatt-per-year electrolyser manufacturing plant in Kakinada, Andhra Pradesh.

“This order represents a major milestone in our cooperation with industry front-runner Greenko on the Indian green hydrogen market. As a technological world leader, we are proud to support through this initiative the Union Cabinet of India to make its National Green Hydrogen Mission a success,” said François Michel, CEO, John Cockerill.

Green hydrogen is produced by splitting water into hydrogen and oxygen using an electrolyzer powered by renewable energy sources such as wind and solar.

“Greenko is working towards reindustrialisation solutions for a low-carbon economy and is committed to contributing to the success of India’s National Green Hydrogen Mission. We are partnering with a world-class technology partner in John Cockerill, and this agreement is the latest example of our tangible efforts to accelerate India’s green hydrogen ambitions as part of a wider program that will see India run the world’s largest energy transition programme,” said Anil Chalamalasetty, CEO & MD, Greenko.

India’s total hydrogen demand is expected to touch 11.7 million metric tonnes (mmt) by 2029-30 from the current 6.7 mmt. Around 54% or 3.6 mmt of India’s annual hydrogen consumption of 6.7 mmt is used in petroleum refining and the rest in fertiliser production. This, however, is ‘grey’ hydrogen produced from fossil fuels such as natural gas or naphtha.

In January 2023, the Union Cabinet approved the 19,744-crore National Green Hydrogen Mission with the objective of making India a major exporter in the field and a global hub for the production, use, and export of green hydrogen and its derivatives. The development will help India, one of the world’s biggest greenhouse gas emitters, achieve net-zero carbon emissions by 2070, according to the government.

Catch all the Business News , Corporate news , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

MoreLess
First Published:2 Feb 2023, 01:18 PM IST
Business NewsCompaniesNewsGreenko orders 28 electrolysers from Belgium’s John Cockerill in hydrogen push

Get Instant Loan up to ₹10 Lakh!

  • Employment Type

    Most Active Stocks

    Bandhan Bank share price

    211.00
    03:51 PM | 11 OCT 2024
    23.25 (12.38%)

    Tata Steel share price

    160.70
    03:51 PM | 11 OCT 2024
    1.05 (0.66%)

    Axis Bank share price

    1,174.25
    03:29 PM | 11 OCT 2024
    -9.5 (-0.8%)

    Zee Entertainment Enterprises share price

    130.10
    03:55 PM | 11 OCT 2024
    0.7 (0.54%)
    More Active Stocks

    Market Snapshot

    • Top Gainers
    • Top Losers
    • 52 Week High

    JM Financial share price

    153.85
    03:51 PM | 11 OCT 2024
    8.75 (6.03%)

    Divis Laboratories share price

    6,141.15
    03:59 PM | 11 OCT 2024
    200.65 (3.38%)

    Page Industries share price

    45,400.00
    03:29 PM | 11 OCT 2024
    1264.7 (2.87%)

    HCL Technologies share price

    1,839.55
    03:57 PM | 11 OCT 2024
    29.55 (1.63%)
    More from 52 Week High

    Cummins India share price

    3,611.75
    03:55 PM | 11 OCT 2024
    -169.6 (-4.49%)

    Star Health and Allied Insurance share price

    547.85
    03:59 PM | 11 OCT 2024
    -19.35 (-3.41%)

    Creditaccess Grameen share price

    1,081.40
    03:29 PM | 11 OCT 2024
    -38 (-3.39%)

    Jubilant Pharmova share price

    1,146.15
    03:55 PM | 11 OCT 2024
    -37.65 (-3.18%)
    More from Top Losers

    Nippon Life share price

    700.85
    03:53 PM | 11 OCT 2024
    59.15 (9.22%)

    Network 18 Media & Investments share price

    81.44
    03:52 PM | 11 OCT 2024
    5.16 (6.76%)

    Sonata Software share price

    608.50
    03:42 PM | 11 OCT 2024
    36.1 (6.31%)

    Triveni Turbines share price

    790.10
    03:29 PM | 11 OCT 2024
    45.85 (6.16%)
    More from Top Gainers

    Recommended For You

      More Recommendations

      Gold Prices

      • 24K
      • 22K
      Bangalore
      76,645.00-50.00
      Chennai
      76,651.00-50.00
      Delhi
      76,803.00-50.00
      Kolkata
      76,655.00-50.00

      Fuel Price

      • Petrol
      • Diesel
      Bangalore
      102.86/L0.00
      Chennai
      100.76/L0.01
      Kolkata
      104.95/L0.00
      New Delhi
      94.72/L0.00

      Popular in Companies

        HomeMarketsloanPremiumMint Shorts