Source : PTI | Jharkhand Chief Minister Hemant Soren has approved the establishment of India’s first hydrogen fuel-related industry in Jamshedpur, as announced in an official statement on Saturday. The groundbreaking project, spearheaded by M/s TCPL Green Energy Solutions Private Limited (TGESPL), a joint venture between M/s Tata Motors Limited and M/s Cummins Inc., USA, will involve a staggering investment of over INR 350 crore.
The proposed unit will boast a capacity of over 4000 Hydrogen Internal Combustion Engines, along with Fuel Agnostic Engines, and over 10,000 Battery systems. The total investment of INR 354.28 crore will pave the way for cutting-edge advancements in the field of hydrogen-based technologies and energy systems.
The venture is expected to have a far-reaching impact on the employment sector, generating job opportunities for more than 310 individuals, both directly and indirectly. This boost to the local economy will be a welcome development for the region and the state as a whole.
Chief Minister Hemant Soren expressed his enthusiasm for the project and the potential it holds for the state’s future growth and green initiatives. He granted his consent for the signing of a Memorandum of Understanding (MoU) with M/s TGESPL, marking a significant step towards the realization of this innovative venture. The MoU will be finalized pending approval from the Single Window Clearance Committee and High-Power Committee for the establishment of the unit dedicated to the manufacture and production of Advanced Chemistry Batteries, H2 Fuel Cells, and H2 Fuel Delivery Systems.
This pioneering initiative not only reinforces Jharkhand’s commitment to embracing clean and sustainable technologies but also puts India on the global map as a pioneer in hydrogen fuel-related industries.