GAIL's 10 MW Green Hydrogen Plant inaugurated by Secretary, MoPNG

Marking a major step towards foraying into new and alternate energy and inline with the National Green Hydrogen Mission, GAIL (India) Limited has installed its first Green Hydrogen Plant at GAIL Vijaipur in Madhya Pradesh, which was inaugurated by Secretary, Ministry of Petroleum & Natural Gas, Shri Pankaj Jain, in an event organized today, wherein GAIL Chairman and Managing Director Shri Sandeep Gupta, Director (Projects) Shri Deepak Gupta, Director (Human Resources) Shri Ayush Gupta and other Senior Officials were also present.

This Green Hydrogen plant is having a capacity of producing 4.3 TPD of Hydrogen, through 10MW PEM (Proton Exchange Membrane) Electrolyzer units, by electrolysis of water using renewable power. The purity of hydrogen from this plant shall be 99.999% (by vol.) and will be produced at a pressure of 30 Kg/cm2.

Initially the hydrogen produced from this unit shall be used as a fuel along with Natural Gas for captive purpose in the various processes and equipment running in the existing plant at Vijaipur. Further, this hydrogen is planned to be dispensed to retail customers in the nearby geographies, transported through high pressure cascades.

Besides sourcing renewable power through open access, GAIL is also setting up around 20 MW Solar power plants at Vijaipur (both Ground Mounted and Floating) to meet the requirement of green power for the 10 MW PEM Electrolyzer.

Shares of GAIL (India) Limited was last trading in BSE at Rs. 204.40 as compared to the previous close of Rs. 200.45. The total number of shares traded during the day was 2152853 in over 17888 trades.

The stock hit an intraday high of Rs. 206.80 and intraday low of 199.15. The net turnover during the day was Rs. 439517744.00.

Source : Equity Bulls

Keywords

GAILIndia INE129A01019 HydrogenPlant 10MW Inauguration