#NSE0008–
Oil & Natural Gas Corporation Ltd (ONGC)
ONGC has strategically positioned itself in the renewable energy landscape by establishing a dedicated unit for its gas business and clean energy projects. This move toward initiatives in renewable energy, biofuels, green hydrogen, and carbon capture projects is a significant pivot for ONGC from its traditional oil and gas operations. The creation of this unit could diversify its energy portfolio, reducing carbon footprints and aligning with global environmental standards.
GAIL (India) Ltd
GAIL’s first green hydrogen project at the Vijaipur complex is a pioneering step in India’s hydrogen economy. Producing 4.3 metric tons of hydrogen per day at 99.999% purity, this project not only underlines GAIL’s capability in handling advanced energy projects but also sets a benchmark in high-purity hydrogen production for industrial use, potentially reducing reliance on traditional fossil fuels.
RIR Power Electronics Ltd
As India’s only silicon device manufacturer specializing in power semiconductors, RIR Power Electronics is poised to play a crucial role in the energy sector’s transition to cleaner alternatives. Their development and deployment of a 60V, 2000A Rectifier for Green Hydrogen, particularly at the 15MW Kadodiya plant in Ujjain, underscores their technical prowess and commitment to supporting sustainable energy technologies.
Larsen & Toubro Ltd (L&T)
L&T has further strengthened its profile as a heavy engineering giant by commissioning India’s first indigenously built green hydrogen electrolyser. With a rated power capacity of 1 MW, expandable to 2 MW, this facility highlights L&T’s innovative capabilities and its potential to lead in the domestic manufacturing of critical green hydrogen infrastructure.
Gensol Engineering Ltd
By securing the NHPC’s Kargil Green Hydrogen Mobility Station EPC Project as the lowest bidder, Gensol Engineering is stepping firmly into the green hydrogen project space. This venture represents significant growth opportunities for Gensol, showcasing its capacity to engage in and execute renewable energy projects, which could further establish its reputation in green energy solutions.
Transformers & Rectifiers India Ltd (TRIL)
As the sole transformer manufacturer for Green Hydrogen Energy applications in India, TRIL is uniquely positioned to benefit from the country’s focus on building out green hydrogen capabilities. Fulfilling orders for a multinational company, TRIL is setting itself up as a key component supplier for both green hydrogen and solar park projects, indicating robust growth prospects in these areas.
Disclaimer-
It’s important to note that discussions like are for informational purposes only and should not be taken as specific We are not SEBI registered investment advisor. Whether analyzing a company’s financial health, examining market trends, or discussing technical chart patterns, the goal is to provide insights and perspectives that can help you make more informed decisions according to your own research and investment strategy. Always consider consulting with a financial advisor or conducting thorough personal research before making any investment decisions.
