Page 136 - CW E-Magazine (6-5-2025)

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ship, the company aims to combine
world-class hydrogen fuel cell techno-
logy with Indian expertise.

“Together, we seek to unlock the
potential of green hydrogen as a trans-
formative energy source making it
accessible, affordable, and sustainable.
We are confi dent this collaboration
will serve as a critical step in demon-
strating the potential of hydrogen as
an alternate sustainable fuel source in
the times to come,” he added.
nology holds immense potential executing a strategic partnership with
IOC’s Director (R&D) and Board in significantly aiding net carbon the Indian Institute of Technology-
Member Mr. Alok Sharma com- neutrality”. Madras (IITM) for developing a
mented, “We believe Hydrogen fuel ‘Hydrogen Innovation Centre’ providing
is a vital component of India’s clean HMIL said as part of its holistic a platform for startups and OEMs to
energy roadmap, and fuel cell tech- hydrogen mobility goals, it is also test their components and quality.

INFRASTRUCTURE
Gandhar Oil Refi nery looks to participate in Vadhvan

Port development

Mumbai-based Gandhar Oil Refi -
nery (India) Ltd., informed in a stock
exchange fi ling that it has entered
into a non-binding Memorandum of
Understanding (MoU) with Jawaharlal
Nehru Port Authority (JNPA) on April
21, 2025 to participate in the proposed
greenfi eld Vadhvan port in Palghar,
Maharashtra.

The Vadhvan Port is being deve-
loped with a focus on modern, effi -
cient terminals to handle a wide range
of cargo, including containers, liquid
cargo, and general cargo. The port is
designed to be one of the top 10 con- phase of the project is estimated to be digital solutions, robust IT infrastruc-
tainer ports globally and will be a completed by 2029. ture and undertaking manpower train-
100% green port. ing and skill development”. “The esti-
The Gandhar Oil statement said mated investment for this project will
The project is said to be the largest that it would look to participate in the be approximately Rs. 1,000-crores and
port project in India with investment Vadhvan Port for “development of termi- the project is expected to commence in
pegged at over Rs. 76,000-crore and nal for handling of containers, bulk & liquid the year 2030,” the company said and
is being implemented by the JNPA and cargo, and create infrastructure to added that on the successful acceptance
Maharashtra Maritime Board (MMB) facilitate marine services, intermodal of its bid, a binding MoU or defi nitive
with a shareholding of 74 percent connectivity, ensuring sustainability agreement will be executed at a later
and 26 percent, respectively. The fi rst of the overall ecosystem by providing date.

136 Chemical Weekly May 6, 2025

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