In less than a month, Karnataka signed two major projects relating to hydrogen production, adding to the ongoing efforts to cement energy security through green initiatives, which also helped the southern state tide over the coal crisis in the country.
ACME Cleantech Solutions Private Limited and ReNew Power have each signed to invest ₹52,000 crores and ₹50,000 crore in the state over the last one month, which the officials from the industries department said would bolster Karnataka’s green energy solutions and security.
“What we are looking at getting is the hydrogen cluster in Mangaluru. The idea is that is the new fuel and can be converted into ammonia. (There are) lots of other countries that are also looking at energy security and they do not have a way of producing Hydrogen required,” Gunjan Krishna, commissioner for industrial development and director, department of industries & commerce, told HT.