The European Energy Exchange (EEX), Indian Gas Exchange (IGX), and GIZ (Gesellschaft für Internationale Zusammenarbeit) have signed an agreement to establish a hydrogen trading market in India. 

This initiative is part of the International Hydrogen Ramp-Up (H2Uppp) program, funded by the German Federal Ministry for Economic Affairs and Climate Action (BMWK). The program aims to support green hydrogen projects in emerging markets like India.

The partnership will initially focus on gathering market insights and building a community of stakeholders across the hydrogen value chain, including production, trading, transport, and consumption. 

Policymakers and regulators will also be involved in shaping an action plan that could lead to the introduction of a hydrogen index and trading services in India.

Similar Posts

|

Powergrid InvIT announces H1 FY2024-25 results

By

Power Grid Corporation of India Limited (POWERGRID) has released the half-yearly report for its Infrastructure Investment Trust, POWERGRID Infrastructure Investment Trust (PGInvIT). PGInvIT recorded a consolidated income of Rs 6,557.15 million for H1 FY2024-25, reflecting strong revenue generation. Net distributable cash flows reached Rs 5,228.20 million, with total distributions of Rs 5,460 million to unitholders. The Trust also reported EBITDA of Rs 6,125.07 million and a margin of 93.41%. PGInvIT manages five transmission assets in…

|

Adani Power completes acquisition of Pathadi thermal project phase II

By

Adani Power Limited (APL) completed the acquisition of Lanco Amarkantak Power Limited (LAPL) for the Pathadi Thermal Power Project (TPP) phase II. The acquisition includes LAPL’s existing 2×300 MW (600 MW) operational TPP in Korba district, Chhattisgarh, and the development of an additional 2×660 MW (1,320 MW) TPP capacity under phase II expansion.

|

Uttar Pradesh advances with development of 3,710 MW solar parks 

By

Uttar Pradesh is advancing the development of several large-scale solar projects, including nine solar parks with a combined capacity of 3,710 MW. Of these, three parks with a total capacity of 435 MW have already been commissioned, and land allocation for all nine parks has been finalized. The solar parks are located across various regions, including Bundelkhand (Jhansi, Lalitpur, Chitrakoot, and Jalaun) and in Kanpur Nagar, Kanpur Dehat, Mirzapur, and Prayagraj. The bidding process for…

|

EDC allocates USD434 million to expand Southern Negros Geothermal Project

By

Energy Development Corporation (EDC) has committed USD434 million to expand the Southern Negros Geothermal Project (SNGP).  The investment will support new well drilling, pad expansion, road and pipeline network upgrades, and the integration of emerging technologies.  Currently, the SNGP operates at a dependable capacity of 221.8 MW across multiple geothermal plants, with this expansion set to strengthen infrastructure and increase output.

|

India seeks $70 million from CIF to bolster energy storage and grid projects

By

India has drafted a proposal seeking $70 million in financing from the Climate Investment Funds (CIF) to enhance energy storage systems (ESS) and grid projects under the Renewable Energy Integration Investment Plan (REI IP), a joint effort by the Ministry of Finance and the Ministry of New and Renewable Energy (MNRE). Of the requested amount, $5 million will support technical assistance, project preparation, and capacity building. The initiative aims to mobilise $1.1 billion with funding…

|

Adani Group to supply 6,500 MW of power to MSEDCL

By

Adani Power and Adani Renewable Energy Fifty Five, subsidiaries of the Adani Group, have entered into agreements to supply a combined 6,500 MW of power to the Maharashtra State Electricity Distribution Company Limited (MSEDCL).  Adani Power has signed a 25-year Power Supply Agreement (PSA) to provide the state with approximately 1,500 MW of thermal power. Concurrently, Adani Renewable Energy Fifty Five, a wholly-owned subsidiary of Adani Green Energy Limited (AGEL), has entered into a Power…

Leave a Reply

Your email address will not be published. Required fields are marked *