APT Translations

This project is a key part of the National Renewable Energy Program, aiming to boost renewable energy's share to 50% of Saudi Arabia's energy mix by 2030 under the Vision 2030 and the Ministry of Energy's initiatives.

The project includes construction of India's largest green hydrogen production facility (1200 TPD tonne per day), which will be converted to derivatives of hydrogen such as green ammonia and green methanol, primarily catering to various export markets.

At Dalmia Bharat Group, he led the sustainability and risk management functions, overseeing initiatives for renewable energy, circular economy, carbon capture, and green building projects, ArcelorMittal Nippon Steel India (AMNS) said.

"The Indian market is already around 4 times oversupplied," said Indra Mukherjee, Associate Director of Analysis of Gas, Power, and Climate Solutions at S&P Global Commodity Insights.

A Memorandum of Understanding (MoU) was signed in the presence of Goa Chief Minister Pramod Sawant, Power Finance Corporation (PFC) said in a statement.

NLC India CMD Prasanna Kumar Motupalli stated that more such human resources should be developed by the National Power Training Institute (NPTI) to bridge the gap of knowledge and expertise requirements in the power sector, the PSU said in a statement.

The Goa government will facilitate the implementation of the facility by identifying and developing a pipeline of climate projects, promoting policy decisions and facilitating collaboration among stakeholders, it said.

According to sources, the RP Sanjiv Goenka Group has expressed willingness to explore hydropower opportunities besides evaluating other sectors.

The interactions by the businessmen in Kolkata were focused on potential investments in small renewable energy projects, hospitality, electric vehicles, and agriculture.

During their four-day visit from February 18 to 21, 2024, the delegation is slated to engage in discussions with top Saudi government officials and business leaders in Riyadh and Neom.