Reliance Industries Limited (RIL), Larsen & Toubro (L&T), and Welspun Renewables are set to spearhead a groundbreaking venture in the renewable energy sector, poised to revolutionize India’s energy landscape. This ambitious initiative entails a colossal investment of Rs 1 lakh crore aimed at establishing green hydrogen and ammonia production units at the Kandla Special Economic Zone (SEZ) in Gujarat.

The collaboration between these industry giants marks a significant step towards India’s transition to sustainable energy sources. Green hydrogen, produced through renewable energy-powered electrolysis, is hailed as a clean alternative to fossil fuels and holds immense potential for decarbonizing various sectors, including transportation and industrial processes.

The project at Kandla SEZ is expected to serve as a flagship venture in the burgeoning green hydrogen and ammonia market, both domestically and internationally. Leveraging their expertise and resources, RIL, L&T, and Welspun Renewables aim to establish state-of-the-art infrastructure capable of large-scale production, storage, and distribution of green hydrogen and its derivative, ammonia.

The investment in green hydrogen and ammonia units aligns with India’s ambitious renewable energy targets and underscores the nation’s commitment to combatting climate change. It also reflects the growing recognition of green hydrogen as a key driver of the global energy transition towards a low-carbon future.

By harnessing renewable energy resources and embracing innovative technologies, RIL, L&T, and Welspun Renewables are poised to catalyze a paradigm shift in India’s energy sector, driving sustainable development and fostering a greener, more resilient economy.