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India designates Kandla, Paradip, Tuticorin as Export Hubs

Wednesday 4th Oct 2023    4
India designates Kandla, Paradip, Tuticorin as Export Hubs
 
The Ministry of Shipping and Ports has identified three crucial ports – Kandla, Paradip and Tuticorin – as hubs for the export of green hydrogen, green ammonia and green methanol over the next seven years. The move is aimed at accelerating India's goal of becoming a major player in the global hydrogen market. The main goal now is to establish essential infrastructure in these ports, allowing the storage, transshipment and bunkering of these environmentally friendly fuels and their derivatives. India's ambitious goal is to create capacity to annually export about 5 million tons of green hydrogen and its derivatives by 2030. This strategic initiative is in line with the objectives of the National Green Hydrogen Mission, which aims to tap the potential of hydrogen in various industrial sectors, including fertilizers and petrochemicals. Furthermore, hydrogen derivatives, which serve as a low-carbon fuel alternative, have significant potential in transportation sectors such as shipping, metro and trains. The Odisha government is currently in the process of allotting land near the Paradip port to manufacturers specializing in green hydrogen and its derivatives. The port authority also plans to develop shared infrastructure facilities for the green hydrogen project, including the specific treatment of ammonia and its derivatives. To support these efforts, a grant of Rs 3.25 billion has been applied for from the Ministry of Shipping.
 
 
 
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