Adani Enterprises' Green Hydrogen Manufacturing Ecosystem On Track: Group CFO

The ecosystem is currently being developed under Adani Enterprises' core infrastructure and utility portfolio.

(Source: Adani Enterprises Company Website.)

 Adani Enterprises Ltd.'s energy and utilities subsidiary, Adani New Industries, is currently building a fully integrated manufacturing ecosystem for generating low-cost green hydrogen. All segments of the ecosystem are progressing well, putting the company on track for competitive green hydrogen production, according to Group Chief Financial Officer Jugeshinder Singh.

He was speaking at the company's roadshow in Ahmedabad on Thursday.

The ecosystem is currently being developed under Adani Enterprises' core infrastructure and utility portfolio and can be broadly divided into three focus areas—electrolysers, solar manufacturing, and wind turbine generators.

Electrolysers

The company has received a 198.5-megawatt letter of award for electrolyser manufacturing. Electrolysers are a critical technology that use electricity to split water into hydrogen and oxygen. This is important for producing low-emission hydrogen from renewable or nuclear electricity.

The company has created a 25-kilowatt prototype based on CRT design and an 85-kilowatt prototype based on Hydep design.

Solar Manufacturing

Under the solar manufacturing segment, the company plans to build a 4 gigawatt cell and module manufacturing plant, as well as a 2 gigawatt monocrystalline ingot and wafer plant.

Adani Enterprises currently holds a 53% market share as per installed capacity in the PV cell manufacturing sector, the company said.

Also Read: Adani Enterprises To Launch Maiden Retail Bond Issue On Sept. 4

Wind Turbine Generators

Adani New Industries' current manufacturing capacity of 5.2 megawatt turbines stands at 1.5 gigawatts, it said. The company has also received the certification for a second prototype and currently has 254 wind turbine generator set orders in its book.

Also Read: Gautam Adani Pips Mukesh Ambani To Become Richest Indian

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WRITTEN BY
Mihika Barve
Mihika Barve is an NISM Certified Research Analyst at NDTV Profit. She is a... more
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