NTPC Green’s shares to hit high amid PSU plans Rs 30,000 crore Transmission Network
NTPC's green hydrogen hub will be located across 1,600 acres in Pudimadaka, Andhra Pradesh, and is set to be a major player in the future of India's clean energy landscape.
NTPC Green’s shares to hit high amid PSU plans Rs 30,000 crore Transmission Network
State-owned NTPC Green Energy Ltd is planning a project to build a Rs 30,000 crore transmission network designed specifically to support its upcoming green hydrogen hub in Andhra Pradesh, according to a report. This network, with a capacity of 20 GW, will be the country's first transmission system purpose-built to support a green hydrogen project.
NTPC's green hydrogen hub will be located across 1,600 acres in Pudimadaka, Andhra Pradesh, and is set to be a major player in the future of India's clean energy landscape.
The hub is expected to produce 1,500 tonnes of green hydrogen per day, a clean fuel derived through the process of electrolysis, powered by renewable energy, as per sources. Green hydrogen is widely used in sectors such as steel manufacturing and refineries and is considered key to reducing carbon emissions in industries traditionally hard to decarbonize.
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Read Also : Third Wave Coffee appoints Akshat Arora as Marketing DirectorThe transmission network will connect NTPC's proposed solar project in Anantapur to the hydrogen hub in Pudimadaka, laying the foundation for a dedicated renewable energy system. Unlike traditional power grids, this transmission network will remain separate from the national power grid, designed to handle round-the-clock renewable energy. The system is projected to manage between 7 to 8 GW of power at any given time, with the long-term goal of operating at full capacity of 20 GW by 2032.
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