Ranchi: Under the leadership of the Chief Minister Hemant Soren approval has been given to the nation’s first hydrogen fuel related industry in Jamshedpur.
After this initiative of the Chief Minister, petrol, diesel and battery vehicles in the country will soon be running on hydrogen fuel as well.
In this regard, the Chief Minister announced the development of Hydrogen Internal Combustion Engine, Fuel-agnostic Engine, in Jamshedpur, East Singhbhum by TCPL Green Energy Solutions Private Limited (TGESPL), a joint venture of Tata Motors Limited and Cummins Inc., USA.
Signing of MoU with TGESPL on the said investment proposal in anticipation of approval of Single Window Clearance Committee and High Power Committee for establishment of unit for manufacture/production of Advance Chemistry Battery, H2 Fuel Cell and H2 Fuel delivery systems.
After the MoU, the way will be paved for the establishment of the country’s first hydrogen fuel related industry in Jamshedpur.
The latest technology of making hydrogen engines will be used, which will benefit the whole country in the coming times.
As per the Jharkhand Industrial and Investment Promotion Policy 2021, and per the investment received from the unit and direct employment, the unit has been classified under the mega category.
The proposed capacity of this unit is 4000+ Hydrogen IC Engine / Fuel Agnostic Engine and 10,000+ Battery system, for which the proposed investment is Rs 354.28 crore.
According to an estimate, the unit will ensure employment of more than 310 people directly or indirectly.
Hydrogen is a type of fuel, whose capacity is more than other fuels.
Its energy level is high and it is economical and light.
In such a situation, it can be considered a better option than petrol and diesel.
Hydrogen fuel can help in controlling pollution to a great extent.
This is in keeping with the larger aim of ensuring production capacity of 4000+ Hydrogen IC engines / fuel agnostic engines and 10,000+ battery systems to meet the needs of hydrogen engines in the Indian market and globally.
Local industrial ecosystems to supply essential requirements and set up new ancillary units will be promoted.