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NHPC signs MoU with district administration of Chamba

18 Apr 2022 Evaluate

NHPC has signed a memorandum of understanding (MoU) with the district administration of Chamba, Himachal Pradesh for development of green hydrogen technologies to produce hydrogen. The MoU is for development of green hydrogen technologies. As per the MoU, the company shall develop a pilot green hydrogen mobility project including hydrogen production. NHPC shall upscale hydrogen production on a commercial scale to supply the hydrogen needs for sectors like mobility, transportation, heating, micro grid.

This project will be executed by NHPC Renewable Energy (NREL), a wholly-owned subsidiary of NHPC. Besides, the research and development department of NHPC and Chamera-II Power Station of NHPC will be part of the project.

Under the project, a 300 kilowatt solar plant will be set up and its energy will be utilised for electrolysis of water to generate green hydrogen. Further hydrogen will be stored in cylinders in compressed form which will be used to run vehicles.

NHPC is engaged in electric power generation by hydroelectric power plants. The company is also engaged in contracts, project management and consultancy works.

Peers
Company Name CMP
NTPC 327.00
Tata Power 361.00
Adani Power 202.35
Power Grid Corpn. 263.50
Adani Energy Solut. 1350.00
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