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	<title>Hydrogen Archives - NRI News</title>
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	<title>Hydrogen Archives - NRI News</title>
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	<item>
		<title>NGEL&#8217;s Joint Venture with RVUNL for Renewable Energy and Green Hydrogen</title>
		<link>https://nrinews24x7.com/ngels-joint-venture-with-rvunl-for-renewable-energy-and-green-hydrogen/</link>
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		<dc:creator><![CDATA[News Desk]]></dc:creator>
		<pubDate>Wed, 18 Sep 2024 03:28:56 +0000</pubDate>
				<category><![CDATA[National]]></category>
		<category><![CDATA[energy]]></category>
		<category><![CDATA[green]]></category>
		<category><![CDATA[Hydrogen]]></category>
		<category><![CDATA[NGEL]]></category>
		<category><![CDATA[NTPC]]></category>
		<category><![CDATA[Rajasthan]]></category>
		<category><![CDATA[renewable]]></category>
		<category><![CDATA[RVUNL]]></category>
		<guid isPermaLink="false">https://nrinews24x7.com/?p=174713</guid>

					<description><![CDATA[<p>A New Era for Renewable Energy and Green Hydrogen Projects in Rajasthan NEW DELHI: To realize the green energy and green hydrogen objectives of NTPC, a Joint Venture Agreement (JVA) was signed between NTPC Green Energy Limited (NGEL) and Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL), the state-owned power generation company managing thermal and hydroelectric stations [&#8230;]</p>
<p>The post <a href="https://nrinews24x7.com/ngels-joint-venture-with-rvunl-for-renewable-energy-and-green-hydrogen/">NGEL&#8217;s Joint Venture with RVUNL for Renewable Energy and Green Hydrogen</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
]]></description>
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<p class="has-text-align-center" style="font-size:24px"><em>A New Era for Renewable Energy and Green Hydrogen Projects in Rajasthan</em></p>



<p><strong>NEW DELHI:</strong> To realize the green energy and green hydrogen objectives of NTPC, a Joint Venture Agreement (JVA) was signed between NTPC Green Energy Limited (NGEL) and Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL), the state-owned power generation company managing thermal and hydroelectric stations in Rajasthan. The agreement was signed on 17th September 2024 in Jaipur, in the presence of the Hon’ble Chief Minister of Rajasthan, Shri Bhajan Lal Sharma.</p>



<p>The JVA was exchanged between Sh. Rajiv Gupta, CEO (NGEL) and Sh. Devendra Shringi, CMD (RVUNL) in the august presence of Sh. Gajendra Singh Khimsar Hon’ble Minister of Medical and Health, Sh. Jogaram Patel Hon’ble Minister of Parliamentary Affairs, Smt. Manju Sharma Member of Parliament, Jaipur, Sh. Alok (IAS) ACS (Energy) and other dignitaries from NGEL and RVUNL.</p>



<p>160 MW out of a total of 320 MW Solar Power Project at Bhainsara, Rajasthan was also dedicated to the nation by the Hon’ble Chief Minister of Rajasthan.</p>



<p>The JV Company will undertake the development of 25 GW of Renewable Energy Projects and 1 MMTPA of Green Hydrogen / Derivatives in the state of Rajasthan.</p>



<p></p>
<p>The post <a href="https://nrinews24x7.com/ngels-joint-venture-with-rvunl-for-renewable-energy-and-green-hydrogen/">NGEL&#8217;s Joint Venture with RVUNL for Renewable Energy and Green Hydrogen</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
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		<title>Godrej &#038; Boyce Contributes To One Of The World’s Largest Commercial-Scale Green Hydrogen Production Facility</title>
		<link>https://nrinews24x7.com/godrej-boyce-contributes-to-one-of-the-worlds-largest-commercial-scale-green-hydrogen-production-facility/</link>
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		<dc:creator><![CDATA[News Desk]]></dc:creator>
		<pubDate>Tue, 16 Apr 2024 01:23:28 +0000</pubDate>
				<category><![CDATA[Environment and Bio Friendly]]></category>
		<category><![CDATA[green]]></category>
		<category><![CDATA[Hydrogen]]></category>
		<guid isPermaLink="false">https://nrinews24x7.com/?p=171653</guid>

					<description><![CDATA[<p>Supplying heat exchangers for a green hydrogen project in the Middle East that will mitigate the impact of carbon emissions. MUMBAI: Godrej &#38; Boyce, the flagship company of the Godrej Group, announced that its business Godrej Process Equipment, has contributed to the green hydrogen space with the dispatch of heat exchangers to a Green Hydrogen project [&#8230;]</p>
<p>The post <a href="https://nrinews24x7.com/godrej-boyce-contributes-to-one-of-the-worlds-largest-commercial-scale-green-hydrogen-production-facility/">Godrej &amp; Boyce Contributes To One Of The World’s Largest Commercial-Scale Green Hydrogen Production Facility</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
]]></description>
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<p class="has-text-align-center" style="font-size:24px"><em>Supplying heat exchangers for a green hydrogen project in the Middle East that will mitigate the impact of carbon emissions.</em></p>



<p><strong>MUMBAI: </strong><a href="https://www.godrej.com/godrejandboyce/" target="_blank" rel="noreferrer noopener">Godrej &amp; Boyce</a>, the flagship company of the Godrej Group, announced that its business Godrej Process Equipment, has contributed to the green hydrogen space with the dispatch of heat exchangers to a Green Hydrogen project in the Middle East. The project is one of the largest commercial-scale green hydrogen production facilities in the world. The business is geared to double its market share in the Middle East by 2027.</p>



<p>The heat exchangers supplied will facilitate heat transfer across various stages of the production process, supporting the transition to sustainable energy systems. These equipment are designed to meet the demanding requirements of the plant, ensuring optimal performance and reliability. Of the 08 heat exchangers supplied, the heaviest two pieces of equipment exceed 300 metric tonnes in weight and can handle large volumes of fluids, essential for the scale.</p>



<p><strong>Hussain Shariyarr, Executive Vice President &amp; Business Head, of Godrej Process Equipment</strong> said, “<em>The global shift towards sustainable energy sources has fueled remarkable growth in renewables, especially in green hydrogen. Mega-hydrogen projects like these lead the change, pioneering innovation in carbon reduction and clean energy adoption. Our readiness and contribution to Green and Blue Hydrogen projects enable us to take forth the industry&#8217;s commitment to developing advanced technologies and solutions for sustainable energy production. We look forward to participating in many more Indian and global Hydrogen, Green Ammonia, and Green Methanol projects to further the green energy revolution.</em>”</p>



<p>The business has invested around Rs 300 Crore for the enhancement of its world-class manufacturing facility in Dahej, Gujarat for delivery of specialized and large equipment especially in the Hydrogen, Clean Energy, and Power sectors.  </p>
<p>The post <a href="https://nrinews24x7.com/godrej-boyce-contributes-to-one-of-the-worlds-largest-commercial-scale-green-hydrogen-production-facility/">Godrej &amp; Boyce Contributes To One Of The World’s Largest Commercial-Scale Green Hydrogen Production Facility</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
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		<title>NGEL Signs MoU With Govt Of Maharashtra For Development Of Green Hydrogen Projects</title>
		<link>https://nrinews24x7.com/ngel-signs-mou-with-govt-of-maharashtra-for-development-of-green-hydrogen-projects/</link>
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		<dc:creator><![CDATA[News Desk]]></dc:creator>
		<pubDate>Tue, 30 Jan 2024 07:43:17 +0000</pubDate>
				<category><![CDATA[National]]></category>
		<category><![CDATA[green]]></category>
		<category><![CDATA[Hydrogen]]></category>
		<category><![CDATA[Maharashtra]]></category>
		<category><![CDATA[MOU]]></category>
		<category><![CDATA[NGEL]]></category>
		<category><![CDATA[NTPC]]></category>
		<guid isPermaLink="false">https://nrinews24x7.com/?p=170451</guid>

					<description><![CDATA[<p>MUMBAI: NTPC Green Energy Limited (NGEL) signed a Memorandum of Understanding (MoU) with Govt of Maharashtra for the development of Green Hydrogen and derivatives (Green Ammonia and green Methanol) of up to 1 million Ton capacity per annum, including Pump Hydro Projects of 2 GW and development of RE projects with or without storage up [&#8230;]</p>
<p>The post <a href="https://nrinews24x7.com/ngel-signs-mou-with-govt-of-maharashtra-for-development-of-green-hydrogen-projects/">NGEL Signs MoU With Govt Of Maharashtra For Development Of Green Hydrogen Projects</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
]]></description>
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<p><strong>MUMBAI:</strong> NTPC Green Energy Limited (NGEL) signed a Memorandum of Understanding (MoU) with Govt of Maharashtra for the development of Green Hydrogen and derivatives (Green Ammonia and green Methanol) of up to 1 million Ton capacity per annum, including Pump Hydro Projects of 2 GW and development of RE projects with or without storage up to 5 GW in the state.</p>



<p>The MoU was exchanged between Shri Mohit Bhargava, Chief Executive Officer, NGEL, and Shri Narayan Karad, Deputy Secretary (Energy), GoM in the presence of Hon’ble Chief Minister, Hon’ble Deputy CM, and other senior officials.</p>



<p>The above MoU has been signed as a part of the Green Investment Plan of the Govt of Maharashtra in the next five years and envisages a potential investment of approximately ₹ 80, 000 Crore.</p>



<p>NTPC is in the path of building up an RE capacity of 60 GW by 2032.</p>



<p>NGEL is a wholly-owned subsidiary of NTPC and aims to be the flag bearer of NTPC’s Renewable Energy journey with an operational capacity of over 3.4 GW and 26 GW in the pipeline including 7 GW under implementation.</p>
<p>The post <a href="https://nrinews24x7.com/ngel-signs-mou-with-govt-of-maharashtra-for-development-of-green-hydrogen-projects/">NGEL Signs MoU With Govt Of Maharashtra For Development Of Green Hydrogen Projects</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
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		<title>ARAI Showcases Futuristic Technologies for The Automotive Sector</title>
		<link>https://nrinews24x7.com/arai-showcases-futuristic-technologies-for-the-automotive-sector/</link>
					<comments>https://nrinews24x7.com/arai-showcases-futuristic-technologies-for-the-automotive-sector/#respond</comments>
		
		<dc:creator><![CDATA[News Desk]]></dc:creator>
		<pubDate>Wed, 24 Jan 2024 13:29:48 +0000</pubDate>
				<category><![CDATA[Automobile]]></category>
		<category><![CDATA[ARAI]]></category>
		<category><![CDATA[AUTOMOBILE]]></category>
		<category><![CDATA[battery]]></category>
		<category><![CDATA[charging]]></category>
		<category><![CDATA[fuel]]></category>
		<category><![CDATA[H2]]></category>
		<category><![CDATA[Hydrogen]]></category>
		<category><![CDATA[PIECC]]></category>
		<category><![CDATA[SIAT 2024]]></category>
		<category><![CDATA[technology]]></category>
		<category><![CDATA[Truck]]></category>
		<guid isPermaLink="false">https://nrinews24x7.com/?p=170309</guid>

					<description><![CDATA[<p>Battery Management System for training, Overhead Charging system for e-buses and trucks, and hydrogen pavilion are the center of attraction at the ongoing SIAT 2024 PUNE: In a bid to provide solutions to the futuristic needs of the automotive sector, the Automotive Research Association of India (ARAI) has developed some futuristic solutions and has showcased [&#8230;]</p>
<p>The post <a href="https://nrinews24x7.com/arai-showcases-futuristic-technologies-for-the-automotive-sector/">ARAI Showcases Futuristic Technologies for The Automotive Sector</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p class="has-text-align-center" style="font-size:24px">Battery Management System for training, Overhead Charging system for e-buses and trucks, and hydrogen pavilion are the center of attraction at the ongoing SIAT 2024</p>



<p><strong>PUNE:</strong> In a bid to provide solutions to the futuristic needs of the automotive sector, the Automotive Research Association of India (ARAI) has developed some futuristic solutions and has showcased the same in the ongoing Symposium on International Automotive Technology (SIAT) 2024 at Pune International Exhibition and ConventionCentre (PIECC), Moshi. The Expo is on till January 25th. The prominent features are the showcase of fast charging systems for electric heavy commercial vehicles like trucks and buses, specially made battery management systems for skilling and training purposes, and the hydrogen pavilion.</p>



<p>The world is looking at alternate fuels for the energy needs of vehicles and electric vehicles are steadily gaining popularity. Batteries are one of the most important parts of these e-vehicles and so is the battery management system. Considering the training needs of skilled manpower which will be required to cater to the development and service needs of electric vehicles ARAI academy has introduced a specially designed Battery Management System Trainer (BMST) which is ideally suited for the budding engineers and technocrats for understanding the overall functioning of the battery and its various parts, informed Sanjay Patil from the ARAI Academy. This BMST will have special features like monitoring Individual Cells, Temperature, Pack Level Current, CAN Communication Data, and Real-Time Display. It can be applied in Education and Training, BMS Development, Student Projects, and Hands-on Experience for Industry Professionals.</p>


<div class="wp-block-image">
<figure class="aligncenter size-full is-resized"><img fetchpriority="high" decoding="async" width="640" height="405" src="https://nrinews24x7.com/wp-content/uploads/2024/01/ARAI_NRINEWS24x7_2024_01_23_001.jpg" alt="ARAI" class="wp-image-170310" style="width:928px;height:auto" srcset="https://nrinews24x7.com/wp-content/uploads/2024/01/ARAI_NRINEWS24x7_2024_01_23_001.jpg 640w, https://nrinews24x7.com/wp-content/uploads/2024/01/ARAI_NRINEWS24x7_2024_01_23_001-300x190.jpg 300w" sizes="(max-width: 640px) 100vw, 640px" /><figcaption class="wp-element-caption">Battery Management System Trainer (BMST)</figcaption></figure>
</div>


<p>While the use of electric vehicles is growing, an effective option for fast charging of the vehicle is of paramount importance. Going forward, heavy commercial vehicles like trucks and buses will also be electric ones. Thus, to cater to the need for charging these big vehicles, ARAI is in the advanced stages of developing the Overhead Automated Charging Device (OHACD). These charges of about 600KW capacity would charge the vehicle from 0 to 80% in just 25 minutes. The time taken by the current 100KW charger to charge the passenger car is about 3 &#8211; 4 hours. The OHACD technology will be introduced to the market in the next one to one and a half years, stated Abhijit Mulay, Deputy Director of ARAI.</p>



<p>S. S. Thipse, Senior Deputy Director of ARAI said that Hydrogen is a clean fuel and is the fuel of the future. So, ARAI has showcased the latest technology in hydrogen vehicles through a specially dedicated pavilion at the SIAT 2024 Expo. The latest in hydrogen fuel technology is displayed at this pavilion including the H2 Fuel Cell Bus, H2 IC Engine, H2 Type4 Cylinder, H2 Fuel Kit, and H2 ICE Truck. ARAI is developing the testing and certification model for hydrogen-powered vehicles and their components. It is also in the advanced stages of developing a hydrogen-powered engine which will be BSVI-compliant.</p>
<p>The post <a href="https://nrinews24x7.com/arai-showcases-futuristic-technologies-for-the-automotive-sector/">ARAI Showcases Futuristic Technologies for The Automotive Sector</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
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		<title>Cummins Group in India to showcase the industry-first fuel-agnostic platform at SIAT 2024</title>
		<link>https://nrinews24x7.com/cummins-group-in-india-to-showcase-the-industry-first-fuel-agnostic-platform-at-siat-2024/</link>
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		<dc:creator><![CDATA[News Desk]]></dc:creator>
		<pubDate>Wed, 24 Jan 2024 08:15:01 +0000</pubDate>
				<category><![CDATA[Engineering]]></category>
		<category><![CDATA[Cummins]]></category>
		<category><![CDATA[Diesel]]></category>
		<category><![CDATA[Engine]]></category>
		<category><![CDATA[fuel]]></category>
		<category><![CDATA[Hydrogen]]></category>
		<category><![CDATA[industry]]></category>
		<category><![CDATA[Natural Gas]]></category>
		<category><![CDATA[SIAT 2024]]></category>
		<guid isPermaLink="false">https://nrinews24x7.com/?p=170277</guid>

					<description><![CDATA[<p>PUNE: Cummins Group in India (“Cummins”), one of the leading power solutions technology providers in the country, is participating in the Symposium on International Automotive Technology (SIAT) 2024 in Pune. Aligned with its Destination Zero™ decarbonization strategy, Cummins is set to showcase Made in India, an industry-first, next-generation fuel-agnostic platform, along with the innovative Single Module™ Aftertreatment system at the event. [&#8230;]</p>
<p>The post <a href="https://nrinews24x7.com/cummins-group-in-india-to-showcase-the-industry-first-fuel-agnostic-platform-at-siat-2024/">Cummins Group in India to showcase the industry-first fuel-agnostic platform at SIAT 2024</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
]]></description>
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<p><strong>PUNE:</strong> Cummins Group in India (“Cummins”), one of the leading power solutions technology providers in the country, is participating in the Symposium on International Automotive Technology (SIAT) 2024 in Pune. Aligned with its Destination Zero<img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2122.png" alt="™" class="wp-smiley" style="height: 1em; max-height: 1em;" /> decarbonization strategy, Cummins is set to showcase Made in India, an industry-first, next-generation fuel-agnostic platform, along with the innovative Single Module<img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2122.png" alt="™" class="wp-smiley" style="height: 1em; max-height: 1em;" /> Aftertreatment system at the event.</p>



<p>Destination Zero<img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2122.png" alt="™" class="wp-smiley" style="height: 1em; max-height: 1em;" /> is Cummins’ strategy to go further and faster in minimizing the greenhouse gas (GHG) and air quality impacts of its products. Anchored in its commitment, Cummins is pursuing a dual-path approach – acting today to reduce emissions from internal combustion engines while simultaneously investing in the development of new, zero-emissions products, to help customers navigate through the energy transition.</p>



<p>Speaking at the event,<strong> Anjali Pandey, Chief Operating Officer, Cummins Group in India further emphasized,</strong> <em>“As an industry leader, Cummins recognizes its crucial role in addressing global climate challenges. We understand that transitioning to a decarbonized future is not a light-switch event and will require multiple solutions. Hence, we are continuously investing and innovating to develop technologies that align with our commitment, ensuring our customers&#8217; success today while contributing to a more sustainable tomorrow. Our showcase at SIAT 2024, reflects our versatility and adaptability to meet the evolving needs of the transportation sector.”</em></p>



<p>The products that will be on display at the symposium (Stall 46 and 47) include:</p>



<p><strong>Next-gen, industry-first fuel-agnostic platform</strong></p>



<p>Cummins will showcase its innovative fuel-agnostic platform at SIAT 2024, demonstrating an effective way to reduce emissions, across various fuels. In the pursuit of decarbonization, it is imperative to bring various powertrain technologies that leverage the available low and zero-carbon fuels. This approach provides end users with options and flexibility to select fuels based on infrastructure availability thus optimizing the economics of transportation operations.<strong></strong></p>



<p>The fuel-agnostic architecture of this platform utilizes a common base engine, with the application of innovative technologies like a Direct Injection Fuel System, two-stage turbocharging, overhead cam, closed crankcase ventilation, and pent-roof cylinder head design. Additionally, it features Cyber Security and Functional Safety Compliant Control Modules tuned for specific fuels such as diesel, natural gas, renewable natural gas, and hydrogen. This platform ensures diesel-like performance across fuels, enabling OEMs to offer multiple fuel types with minimal product modification, and expediting market entry at the most optimum cost.</p>



<p>At the SIAT 2024, Cummins’ fuel-agnostic platform concept will be demonstrated through:</p>



<p><strong>Hydrogen Internal Combustion Engine</strong><strong></strong></p>



<p>The Cummins Hydrogen Internal Combustion Engine represents a significant stride towards sustainable and cleaner energy solutions in the automotive and industrial sectors. Leveraging the power of hydrogen as a clean fuel source, this innovative internal combustion engine operates with lower emissions. Combined with green hydrogen, it produces zero CO<sub>2</sub>&nbsp;emissions from well-to-wheel. During the event, Cummins will showcase solutions specifically designed for medium- and heavy-duty trucks and buses. These solutions highlight the engine&#8217;s ability to support decarbonization across a wide range of duty cycles.</p>



<p><strong>Natural Gas Engine</strong></p>



<p>Natural gas engines present a reliable and effective solution for reducing emissions while maintaining strong performance. With well-established credibility as an alternative power technology, these engines align with India’s vision of increasing the share of natural gas in the energy mix from 6% to 15% by 2030. To achieve this vision, substantial investments are planned for the development of Compressed Natural Gas (CNG) and Liquefied Natural Gas (LNG) infrastructure. These investments will further enable the adoption of natural gas engines supporting the government&#8217;s long-term objectives.</p>



<p><strong>Latest generation diesel</strong></p>



<p>The latest-generation advanced diesel platform, which has a strong foundation of nearly 700,000 Euro VI, low-emission engines will be exhibited. These advanced diesel engines, further optimize fuel efficiency, enabling customers to achieve lower GHG emissions while enhancing power and torque.</p>



<p><strong>Single Module<img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2122.png" alt="™" class="wp-smiley" style="height: 1em; max-height: 1em;" /> Aftertreatment System</strong>&nbsp;</p>



<p>Cummins is also showcasing its ultra-high efficiency aftertreatment system 9-inch (0.229 Meters) Single Module<img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2122.png" alt="™" class="wp-smiley" style="height: 1em; max-height: 1em;" />. This innovative system is up to 70% smaller and 40% lighter compared to systems with similar architectures. It offers improved NOx conversion efficiency that removes over 99% of all particulate matter (PM) by weight and count. The product is optimized with a liquid-only, freeze-robust UL2.2 dosing system, which significantly improves reliability<strong>.&nbsp;</strong>&#8216;Made in India&#8217; with over 70% localized components, this product readily adapts to a variety of applications as it is available in catalyst diameters ranging from 5.66 inches (0.144 meters) to 13 inches (0.330 meters).</p>
<p>The post <a href="https://nrinews24x7.com/cummins-group-in-india-to-showcase-the-industry-first-fuel-agnostic-platform-at-siat-2024/">Cummins Group in India to showcase the industry-first fuel-agnostic platform at SIAT 2024</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
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		<title>HSBC India partners with IIT Bombay and SSEF for innovation-led green hydrogen initiatives</title>
		<link>https://nrinews24x7.com/hsbc-india-partners-with-iit-bombay-and-ssef-for-innovation-led-green-hydrogen-initiatives/</link>
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		<pubDate>Fri, 25 Aug 2023 11:32:22 +0000</pubDate>
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					<description><![CDATA[<p>INDIA: HSBC India has announced strategic partnerships with the Indian Institute of Technology (IIT) Bombay and the Shakti Sustainable Energy Foundation (SSEF) to promote innovation in green hydrogen. The partnerships, with a total grant support of INR 15 crores (~USD 2 mn), will focus on developing breakthrough technologies and solutions that address key challenges in [&#8230;]</p>
<p>The post <a href="https://nrinews24x7.com/hsbc-india-partners-with-iit-bombay-and-ssef-for-innovation-led-green-hydrogen-initiatives/">HSBC India partners with IIT Bombay and SSEF for innovation-led green hydrogen initiatives</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
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<p><strong>INDIA:</strong> HSBC India has announced strategic partnerships with the Indian Institute of Technology (IIT) Bombay and the Shakti Sustainable Energy Foundation (SSEF) to promote innovation in green hydrogen. The partnerships, with a total grant support of INR 15 crores (~USD 2 mn), will focus on developing breakthrough technologies and solutions that address key challenges in green hydrogen production, storage, transportation, and utilization. The aim is to prioritize green hydrogen as a strategic alternate fuel, build a robust green hydrogen economy, and achieve the government&#8217;s vision of an energy-independent nation.</p>



<p>The partnerships were announced by Smt. Nirmala Sitharaman, Hon&#8217;ble Minister of Finance, along with the leadership teams from HSBC, IIT Bombay, and SSEF. </p>



<p>Speaking at the launch, <strong>Smt. Nirmala Sitharaman, Hon’ble Minister of Finance </strong>said, “Our Government is focused on driving green growth through a range of green reforms. This will provide a roadmap towards reducing carbon intensity in the economy and enable the creation of green job opportunities.  Green hydrogen has a pivotal role to play as we counter climate change and work towards enabling a low-carbon and self-reliant economy. We’re aiming to make India a global hub for the production, utilization, and export of green hydrogen. I welcome the efforts and partnership of HSBC India, IIT Bombay, and SSEF in addressing the challenges in this segment and working on solutions to make green hydrogen scalable and commercially feasible.”.</p>



<p><strong>Mark Tucker, Group Chairman, HSBC</strong>, said, “<em>We’re committed to helping deliver a  net zero global economy by  2050  or earlier in line with the Paris  Agreement goals.  We are providing finance to accelerate climate change solutions and building partnerships to drive technological breakthroughs, foster collaboration, and support innovation towards enabling a green hydrogen economy. The biggest impact we can make is to reduce the emissions we finance, which means supporting our clients on their transition journeys.</em>”</p>



<p>HSBC&#8217;s initiative with IIT Bombay will encourage researchers, scientists, and students across IITs to develop breakthrough technologies and solutions that address key challenges in green hydrogen production, storage, transportation, and utilization. As part of this program, IIT Bombay will invite project proposals, which will be evaluated by a steering committee composed of representatives from HSBC India, professors, and faculty members from multi-disciplinary areas. The committee will select the top three submissions, which could also be incubated at IIT Bombay.</p>



<p>HSBC&#8217;s initiative with SSEF will focus on geospatial analysis of industrial clusters in the states of Gujarat, Maharashtra, Jharkhand, and Chhattisgarh that have the potential to produce and use green hydrogen. The project aims to conduct research on policy, technological, and financial solutions that will be relevant to the real-world application of green hydrogen in industrial facilities across key states. An assessment of applicable hydrogen production routes for various applications in the shortlisted clusters, skill building, and worker transition, will be crucial areas of this research.</p>



<p>HSBC India CEO, Hitendra Dave, said that sustainability is a key element of their business, operations, and community investments. They are delighted to work at the grassroots level as well as with institutions like IIT Bombay and SSEF to foster ideas that will make green hydrogen scalable and commercially feasible. The partnerships will accelerate the development and deployment of green hydrogen technologies and drive the transition to a sustainable and low-carbon energy system.</p>



<p>In conclusion, HSBC India&#8217;s strategic partnerships with IIT Bombay and SSEF will help prioritize green hydrogen as a strategic alternative fuel, build a robust green hydrogen economy, and achieve the government&#8217;s vision of an energy-independent nation. The partnerships will boost the government&#8217;s National Green Hydrogen Mission and accelerate the development and deployment of green hydrogen technologies.</p>



<p><strong>Hitendra Dave, CEO, of </strong>HSBC India, said, “<em>Sustainability is a key element of our business, operations, and community investments. We’re delighted to work at the grassroots level as well as with institutions like IIT Bombay and SSEF to foster ideas that will make green hydrogen scalable and commercially feasible. We believe we have a crucial role to play in accelerating the development and deployment  of  green hydrogen technologies  and  driving the transition to  a sustainable and low-carbon energy system.</em>”</p>



<p><strong>Jamshyd Godrej, Chairperson of the Board, of Shakti Sustainable Energy Foundation</strong>, said, “<em>Shakti is committed to supporting  India’s ambition of becoming a  global leader in green hydrogen.  We provide cutting-edge research on technology, policy, and investments related to scaling green hydrogen production and generating demand by demonstrating use cases and designing business models. Green hydrogen will be critical to achieving India’s twin objectives of net zero by 2070 and energy independence by 2047</em>.”</p>



<p>Speaking about the initiative, <strong>Prof. Subhasis Chaudhuri, Director, of IIT Bombay</strong>, said, “<em>Moving towards sustainable and clean sources of energy is a crucial step in the global fight against climate change. Green Hydrogen, with its applications across industries including transportation, will occupy a vital space in global energy. I am confident that this partnership between IIT Bombay, HSBC, and the Shakti Sustainable Energy Foundation  will  accelerate  research  in  this  space  and  facilitate  India’s  transition  towards  wide-scale adoption of green hydrogen.</em>”</p>
<p>The post <a href="https://nrinews24x7.com/hsbc-india-partners-with-iit-bombay-and-ssef-for-innovation-led-green-hydrogen-initiatives/">HSBC India partners with IIT Bombay and SSEF for innovation-led green hydrogen initiatives</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
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		<title>Cummins Inc. And Tata Motors Sign An MOU To Accelerate India’s Journey Towards &#8216;Net Zero&#8217; Emissions With Hydrogen-Powered Commercial Vehicle Solutions</title>
		<link>https://nrinews24x7.com/cummins-inc-and-tata-motors-sign-an-mou-to-accelerate-indias-journey-towards-net-zero-emissions-with-hydrogen-powered-commercial-vehicle-solutions/</link>
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		<pubDate>Tue, 15 Nov 2022 01:27:09 +0000</pubDate>
				<category><![CDATA[National]]></category>
		<category><![CDATA[Commercial Vehicles]]></category>
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					<description><![CDATA[<p>MUMBAI: Cummins Inc., a global power solutions and hydrogen technologies provider, and Tata Motors, the largest commercial vehicle manufacturer in India, today signed a Memorandum of Understanding (MoU) to collaborate on the design and development of low and zero-emission propulsion technology solutions for commercial vehicles in India, including hydrogen-powered internal combustion engines, fuel cells, and [&#8230;]</p>
<p>The post <a href="https://nrinews24x7.com/cummins-inc-and-tata-motors-sign-an-mou-to-accelerate-indias-journey-towards-net-zero-emissions-with-hydrogen-powered-commercial-vehicle-solutions/">Cummins Inc. And Tata Motors Sign An MOU To Accelerate India’s Journey Towards &#8216;Net Zero&#8217; Emissions With Hydrogen-Powered Commercial Vehicle Solutions</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
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<p><strong>MUMBAI: </strong>Cummins Inc., a global power solutions and hydrogen technologies provider, and Tata Motors, the largest commercial vehicle manufacturer in India, today signed a Memorandum of Understanding (MoU) to collaborate on the design and development of low and zero-emission propulsion technology solutions for commercial vehicles in India, including hydrogen-powered internal combustion engines, fuel cells, and battery electric vehicle systems.</p>



<p>The MoU was signed in the presence of N Chandrasekaran, Executive Chairman, Tata Sons, and Tom Linebarger, Executive Chairman, Cummins Inc., on November 14, 2022, at the Tata Sons Headquarters &#8211; Bombay House, in Mumbai, India. Senior officials and dignitaries from Cummins India and Tata Motors were also present during the MoU signing ceremony.</p>



<p>On this occasion, <strong>Mr. N Chandrasekaran, Executive Chairman, of Tata Sons and Chairman, of Tata Motors</strong> said, “<em>The shift to sustainable mobility is irreversible and Tata Motors is committed to being amongst the leaders of green mobility. We are taking definitive steps to drive this global megatrend forward in each of our businesses. Working with partners who share the same vision is essential for this transition and we are delighted to strengthen our long-standing relationship with Cummins for their next-generation, hydrogen propulsion systems. We are excited to indigenize the cutting-edge hydrogen technology to offer our customers an expanded portfolio of green and future-ready commercial vehicles, accelerate the adoption of sustainable mobility in the country, and contribute towards India’s ‘net zero’ carbon emission goals.</em>”</p>



<p>Commenting on the strategic collaboration, <strong>Mr. Tom Linebarger, Executive Chairman, Cummins Inc.</strong>, said, “<em>Climate change is the existential crisis of our time, and this collaboration between Cummins and Tata Motors accelerates our ability to address it. Cummins is well-positioned to help our customers successfully and seamlessly transition to economically viable decarbonized solutions. Cummins and Tata Motors have a strong history of partnership, and the next step into low and zero-emissions technologies is an exciting development for zero-emissions transportation. Our collaboration in India is an important milestone for Cummins and Tata as we work together to accelerate the shift to a carbon-free economy and a zero-emissions world. We strongly believe that this collaboration is a significant step forward to achieving India’s Green Hydrogen Mission. I am excited to enable powering a cleaner and greener India.</em>”</p>



<p>In 1993, the two engineering companies came together to fulfill their goal of introducing best-in-class cleaner vehicle technology solutions to the Indian market &#8211; Tata Motors to deliver best-in-class mobility solutions in India and Cummins to power that vision through their products and services. Driven by a shared ideology, common vision, and values of Integrity, Teamwork, and Excellence, this partnership has grown from strength to strength over the last three decades. This MoU further solidifies their association and is aligned with India’s vision of ‘Energy for Sustainable Growth’ and achieving net zero carbon emissions by 2070. India will be one of the first markets to receive Cummins’ Hydrogen engines, an important technology to help drive decarbonization.</p>
<p>The post <a href="https://nrinews24x7.com/cummins-inc-and-tata-motors-sign-an-mou-to-accelerate-indias-journey-towards-net-zero-emissions-with-hydrogen-powered-commercial-vehicle-solutions/">Cummins Inc. And Tata Motors Sign An MOU To Accelerate India’s Journey Towards &#8216;Net Zero&#8217; Emissions With Hydrogen-Powered Commercial Vehicle Solutions</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
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