CESC Ventures Into Green Hydrogen Domain
https://youtu.be/TsATncw_xJs?si=-RNzWXcwfTNa1UwL
- CESC Ventures Into Green Hydrogen Domain
- Solar Energy Corporation India, a government of India enterprise, selected CESC Projects, for the green hydrogen facility.
- The investment in the venture could be in the region of Rs 450-500 crore
- CESC will establish a green hydrogen plant, the first by the RPSG Group flagship, signalling its foray into new forms of energy.
- The thermal power producer, which supplies electricity to Calcutta and its suburbs, will build a 10,500 tonne capacity unit on the east coast.
- The new venture will be executed by CESC Projects Ltd, a wholly owned subsidiary of CESC Ltd. The project is going to get a fiscal incentive from the government of India as part of the National Green Hydrogen Mission unveiled in 2022.
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