Scindia Inaugurates India's First Green Hydrogen Plant in Stainless Steel Sector by Jindal Stainless
The green hydrogen plant, established in collaboration with Hygenco Green Energies Private Limited, boasts cutting-edge technology and a capacity of 350 Nm3/hr.
March 07, 2024. By Abha Rustagi
The commissioning of the green hydrogen usage was inaugurated virtually by the Union Minister of Steel and Civil Aviation, Jyotiraditya Scindia, from New Delhi. The ceremony was graced by Secretary of the Ministry of Steel, Nagendra Nath Sinha, Managing Director of Jindal Stainless, Abhyuday Jindal, and CEO of technology partner Hygenco Green Energies, Amit Bansal.
Praising the initiative, Union Minister Jyotiraditya Scindia applauded Jindal Stainless and Hygenco for pioneering India's first green hydrogen plant in the stainless steel sector. “This path-breaking green hydrogen initiative will make the steel sector more green and sustainable. In line with PM Shri Narendra Modi’s vision to achieve the Net Zero emission target by 2070, the steel sector remains committed to innovating for a greener tomorrow. I am certain that this development will act as an inspiration for other industry players to embrace clean technologies and contribute to India’s transition to a greener economy and a responsible industrial landscape,” he said.
Echoing these sentiments, Secretary of the Ministry of Steel, Nagendra Nath Sinha, underscored Jindal Stainless' forward-thinking approach towards environmental responsibility. He highlighted the significance of harnessing renewable energy sources for hydrogen production, emphasizing the reduction of carbon footprint and the enhancement of energy security.
Managing Director of Jindal Stainless, Abhyuday Jindal, emphasized the company's commitment to sustainability and innovation, stating that the maiden usage of green hydrogen in the stainless steel plant is just the beginning of a broader sustainability journey.
Hygenco's CEO, Amit Bansal, hailed the commissioning as an unprecedented achievement in advancing the global green hydrogen revolution. He emphasized the potential for large-scale adoption of green hydrogen across various sectors, emphasizing its role in enabling the energy transition.
The green hydrogen plant, established in collaboration with Hygenco Green Energies Private Limited, boasts cutting-edge technology and a capacity of 350 Nm3/hr. It aims to abate approximately 54,000 tonnes of CO2 emissions over 20 years, contributing significantly to India's green energy goals. The facility, operated under a Build-Own-Operate (BOO) model, features advanced monitoring systems to ensure efficient hydrogen generation and renewable energy utilization.
Jindal Stainless' initiative emphasizes its commitment to decarbonization efforts and sustainability, as demonstrated by its notable reduction of approximately 240,000 tonnes of CO2e over the past two fiscal years. The company's initiatives were showcased at the UN COP28 summit in Dubai, highlighting its leadership in driving sustainable practices in the stainless steel industry.
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