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AP eyes $15 billion investment in green hydrogen sector
POWER & RENEWABLE ENERGY

AP eyes $15 billion investment in green hydrogen sector

New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) has estimated that the green hydrogen (GH) sector in AP has a $15 billion investment opportunity. The state is looking to produce 500 kiloton per annum (KTPA) of GH by 2030. It may be processed to produce green ammonia, gre...

New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) has estimated that the green hydrogen (GH) sector in AP has a $15 billion investment opportunity. The state is looking to produce 500 kiloton per annum (KTPA) of GH by 2030. It may be processed to produce green ammonia, green methanol, etc. A large part of this (about 70 per cent) may be required to create renewable energy infrastructure, while the remaining may be utilised for electrolyser capacity additions. Contact: New and Renewable Energy Development Corporation of AP Tel: 0863-234765 Email: [email protected] Website: www.nredcap.in

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