1 GW capacity: Hero, Ohmium to make green hydrogen
Hero Future Energies and Ohmium International on Thursday announced a strategic partnership to build 1,000 MW of green hydrogen production facilities in India, the UK and Europe. While Hero Future will assume the overall ownership of the assets, Ohmium will be responsible for the design, construction, and operations and maintenance of the facilities. Hero Future will also supply renewable energy to produce green hydrogen. The financial details of the tie-up were not disclosed.
The development comes at a time when the government is planning to come up with a PLI scheme for setting up electrolyser manufacturing capacities to expedite the uptake of green hydrogen. Electrolysers are used to make green hydrogen using electricity generated from renewable sources. Prime Minister Narendra Modi had on August 15 last year announced the National Hydrogen Mission as the government explores ways to reduce dependence on imported products such as crude oil and natural gas.
