Adani Group Invests $50 Billion in India's Green Hydrogen Market

Researched by Industrial Info Resources (Sugar Land, Texas)--Adani Group (Ahmedabad, India) is entering the green hydrogen market. Along with TotalEnergies SE (NYSE:TTE) (Courbevoie, France), one of the world's largest oil and gas producers, Adani has formed the clean-energy company Adani New Industries Limited (ANIL) to build the world's largest green hydrogen ecosystem in Gujarat, India.

The total investment for the green hydrogen complex, which is to be built in two phases, is expected to be about US$50 billion.

In the first phase, which is to be completed by 2026, ANIL will develop green hydrogen and green ammonia, via a 2-gigawatt (GW) electrolyzer using solar power. Other green products, such as urea and methanol, will be developed. Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Project Database can learn more in a detailed project report.

The second phase, which is expected to be completed by 2030, will produce green hydrogen and green ammonia using a 28-GW electrolyzer. Desalination units will be installed for water requirements, as will hydrogen storage tanks, each with a capacity of 1.5 million tons per annum. Subscribers can learn more in a detailed project report.

The total investment value of Adani's chemical business in India stands at US$7.9 billion, with 21 ongoing capital-spending projects. Subscribers can click here for a list of detailed project reports, and click here for a list of related plant profiles.

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