RIL Aims Feasible Green Hydrogen as Clean Fuel Alternative, Says Mukesh Ambani
RIL, in its annual report, observed that after proving cost and performance targets, the company intends to progressively begin the transition from Grey to Green Hydrogen by 2025.
August 07, 2023. By EI News Network
Speaking about the recent developments, Ambani said, “Our O2C business is transforming. We are switching to renewable sources of energy and newer energy technologies, while promoting the concept of a circular economy, especially for our petrochemical products. Sustainable business techniques are rapidly gaining momentum.”
He said, “Our goal is to provide affordable green hydrogen as a viable alternative to traditional fuels.”
The report outlined that RIL is in the advanced stages of designing 50 TPD B2H demo plants to produce green hydrogen based on patented technology, offering the lowest operating costs for green hydrogen production.
RIL, in its annual report note, observed that after proving cost and performance targets, the company intends to progressively begin the transition from Grey to Green Hydrogen by 2025.
He plans multiple financial services administered by diverse regulatory frameworks so that the firm believes in an independent financial services enterprise will enable it to access the opportunities and alternatives in India.
Recently, RIL has set up infrastructure for the disbursement of green hydrogen from its proposed plant in Gujarat as it commences the production of the fuel by 2025.
The company, which has received 74,750 hectares of land parcel in Gujarat on a 40-year lease for its green hydrogen project, is tying up with original equipment manufacturers (OEMs) for the delivery of green hydrogen and laying the groundwork to retail the same through its Jio-BP outlets.
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