Adani is partnering with Ashok Leyland and Ballard to develop a hydrogen-powered electric truck in India this year.
Indian company Adani Enterprises Limited has signed agreements with Ashok Leyland and Canadian company Ballard Power to pilot the development of hydrogen fuel cell electric trucks for the logistics and start-up of mining operations.
Ballard will supply the fuel cell engine for his Adani-led project, while Indian truck maker Ashok Leyland will provide the vehicle and technical support for the project.
The Adani Group’s flagship company announced in a press release that it will launch its fuel-cell electric trucks in India in 2023.
Electrolysis is the process of using electricity to split water to produce hydrogen that can be used as fuel. This substance is called green hydrogen if it is produced by an electrolyzer that runs on renewable energy.
The Adani Group, led by Asia’s richest man Gautam Adani, plans to invest in green hydrogen and related ecosystems. He anticipates a capacity of up to 3 million tons of green hydrogen per year over the next decade. Plans to invest more than $50 billion in innovative projects.
The Indian government recently backed green hydrogen and approved its $2.11 billion stimulus package to set green hydrogen consumption targets for certain companies earlier this month. Green hydrogen is a key focus for Indian companies such as Reliance Industries, Indian Oil, NTPC, Adani, JSW Energy, ReNew Power, and Acme Solar. They aim to reach net zero carbon emissions by 2070.
Adani has also partnered with French energy company Total Energies on a deal to launch a new green hydrogen project in India.
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