Tata Projects sees green hydrogen, green ammonia, pump storage hydro as pillars of growth
The Hindu
Tata Projects Limited, a leading EPC contractor, plans to build green hydrogen and green ammonia units for future expansion.
Having built industrial units, hotels, hospitals, airports, dedicated freight corridors, metro rail lines, stations, data centres and power transmission lines, Tata Projects Limited, a leading EPC contractor majority owned by Tata Sons, is looking to build green hydrogen and green ammonia units as part of it’s future expansion strategy.
“Sustainability is a critical element for us and we see in this sustainability journey, a lot of opportunities will open up in new sectors,” said Vinayak Pai, MD & CEO, Tata Projects in an interview.
“Green hydrogen, green ammonia is one thing which I believe will accelerate over the next few years. Since India is very well placed because of the high percentage of renewable energy generation, mainly solar energy generation, that power can be used to generate either hydrogen or ammonia, which can then be stored and transported,” he said.
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Mr. Pai said the “other is the new concept of pump storage hydro where you build basically to pump water in the daytime when you have renewable energy, and then you generate electricity in the night.”
“All these are ways of harnessing the renewable energy and because of our experience of hydrocarbons through our oil, gas and hydrocarbon business, we have a good experience of hydrogen which is a very difficult element to handle,” he added.
The company is also seeing opportunities in sustainable aviation fuel, biofuels for which it can build biomass reactors for its customers.
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