A high-level state government committee has in-principle approved the allocation of 63,000 hectares of land for the production of green hydrogen, utilizing solar, wind, and hybrid wind-solar energy sources. These land parcels are situated in the districts of Kutch, Banaskantha, and Patan, supplementing the 1.99 lakh hectares already designated for green hydrogen production, reported The Times of India.
As per media report, government sources said that this allocation, cleared by a high-level committee last month, will be granted to a company with diverse business investments in Gujarat. This firm has previously received land for green hydrogen initiatives. Government sources anticipate an annual production of 12 lakh metric tonnes of green hydrogen in Gujarat.
The sources also mentioned, “While a policy for the allocation of government wasteland for green hydrogen generation from renewable sources has been in effect since 2023, the Gujarat government will also announce a policy for financial incentives for green hydrogen projects in the future.” The five entities that previously obtained state government approvals for land parcels in Kutch and Banaskantha districts include Reliance New Energy Limited (74,750 ha), Adani New Industries Limited (84,486 ha), Torrent Power Limited (18,000 ha), ArcelorMittal Nippon Steel India Limited (14,393 ha), and Welspun Group (8,000 ha).
Among them, the Reliance Group has already signed a memorandum of understanding with the state to establish a 100GW renewable energy park and green hydrogen park, alongside manufacturing electrolysers, with an investment of Rs 5.6 lakh crore. Conversely, the Adani Group has also announced an ambitious investment plan totaling $70 billion towards green energy projects.