Essar to invest Rs 300 billion in green hydrogen plant in Gujarat over four years

Essar Group has planned to invest Rs 300 billion over the next four years in setting up a green hydrogen plant at Jamnagar in Gujarat as the conglomerate eyes clean energy as a key pillar for its new phase of growth.

The conglomerate is looking to decarbonise its oil refinery in the United Kingdoms, construct a green steel plant in Saudi Arabia, and build an liquified natural gas and electric ecosystem to decarbonise long-haul heavy trucks.