Key Takeaways
- TKIL Industries and SoHHytec are collaborating to build a green hydrogen plant in India, leveraging innovative technology.
- The partnership aims to support various sectors, including steel and oil, in transitioning to green hydrogen.
- The National Hydrogen Mission in India is facilitating goals of increasing green hydrogen capacity to five million tonnes by 2030.
Partnership for Green Hydrogen Initiative
TKIL Industries, formerly known as thyssenkrupp Industries India, is collaborating with Swiss manufacturer SoHHytec to establish a green hydrogen plant in India, expected to commence in the next year. This alliance focuses on utilizing advanced artificial photosynthesis technology to generate green hydrogen from renewable energy sources like solar and wind, catering to industrial needs.
Vivek Bhatia, managing director and CEO of TKIL Industries, shared insights with PTI about the project, expressing optimism that the plant will be operational within 12 months. The company is actively engaging with various sectors such as steel and oil to explore opportunities for producing and utilizing green hydrogen.
The partnership grants TKIL Industries exclusive rights in India to manufacture and supply specific equipment for SoHHytec’s green hydrogen projects. This move aligns with the National Hydrogen Mission, aimed at propelling India’s climate ambitions and promoting green hydrogen and ammonia production.
India’s initiative is set to diminish reliance on fossil fuels while boosting renewable energy efforts. The objective is to reduce green hydrogen production costs and achieve a capacity of five million tonnes per year by 2030.
In addition to the anticipated plant, TKIL Industries is currently enhancing existing facilities by adding more capacity. Bhatia noted a consistent annual investment ranging from Rs 25 crore to Rs 50 crore, aimed at expanding production capabilities. Future expansions may necessitate a significant investment if current space reaches its limits.
TKIL Industries has diversified interests, including partnerships in different technological fields. Notably, it has teamed up with German manufacturer HOPPECKE Batterien GmbH & Co to explore battery system applications within India’s rail sector.
Overall, the collaboration between TKIL Industries and SoHHytec represents a meaningful step towards achieving India’s sustainability goals while positioning the country as a leader in green hydrogen production.
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