New Delhi, 7th January 2025: In a significant move that underscores the Government of India’s commitment for green energy and sustainable future, Hon’ble Prime Minister Shri Narendra Modi will lay the foundation stone for the state-of-the-art NTPC Green Energy Limited Green Hydrogen Hub Project at Pudimadaka near Visakhapatnam in Andhra Pradesh on 8th January.
The project, which is being developed jointly by NGEL, the renewable arm of NTPC Ltd., and NREDCAP, the renewable arm of the Govt of Andhra Pradesh is the first Green Hydrogen Hub under the National Green Hydrogen Mission.
NGEL and New & Renewable Energy Development Corporation of AP Ltd. (NREDCAP) have already signed JV agreement for development of 20 GW RE projects, 1500 TPD Green Hydrogen and 7500 TPD Green Hydrogen derivatives (including Green Methanol, Green Urea and Sustainable Aviation Fuel), making it one of India’s largest integrated green hydrogen production facilities.
This is expected to bring approx. ₹1,85,000 Crore investment to the state and provide huge employment opportunities while at the same time contributing substantially in achieving India's non-fossil energy capacity target of 500 GW by 2030.
Further, the company has also signed a similar MoU with Govt of Rajasthan for development of 25 GW of Renewable Energy Projects in the state of Rajasthan.
Going forward, NGEL is also exploring similar kind of collaborations with other state governments.
Spread over 1600 acres, NTPC Green Energy Limited Green Hydrogen Hub Project at Pudimadaka will include the development of a manufacturing facility, a green chemical zone, a chemical storage terminal, port infrastructure, a transmission corridor, a 7 GW substation, an 80 MLD desalination plant, an effluent treatment plant, and other facilities, making it a comprehensive operational framework.
The project aims contribute significantly to the local economy and showcasing Andhra Pradesh’s role as a key player in the global green energy landscape. Besides playing a key role in India’s quest for energy independence, this project will help drive decarbonisation across major sectors and strengthen the country’s Net Zero goals.