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NHPC inks MoUs for development of pilot green hydrogen technologies

15 Jul 2022 Evaluate

NHPC has signed two MoUs for Development of ‘Pilot Green Hydrogen Technologies’ in District Leh and District Kargil of UT of Ladakh on July 14, 2022. As per MoU signed for District Leh, NHPC shall consider development of Pilot Green Hydrogen fuel cell based Microgrid including Hydrogen production to meet the power requirement of NHPC guest house at Nimmo Bazgo Power Station (Leh) within NHPC premises.

As per MoU for District Kargil, the hydrogen generated in Kargil will be used in fuel cells for mobility which will be capable to run two BUS upto 8 hrs in the local area of Kargil. These two Pilot projects will create roadmap for future development of Green Hydrogen & subsequent reduction of the carbon emission in transportation/heating sector and will also attract long term investment in Hydrogen economy creating different revenue streams & job opportunities for youth of UT of Ladakh.

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 317.00
Tata Power 345.00
Adani Power 196.60
Power Grid Corpn. 253.40
Adani Energy Solut. 1320.00
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