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Leyland & Ballard Team Up with Adani

Adani Enterprises Limited (AEL), an Indian multinational publicly listed holding company and a member of the Adani Group, recently announced the beginning of a pilot project to develop a hydrogen fuel cell electric truck (FCET) for mining logistics and transportation. (Leyland & Ballard)

The project will be led by Ashok Leyland and Canada’s Ballard Power. Ballard fuel cell technology will power the Adani-led project, while Indian truck maker Ashok Leyland will provide the project with vehicles and technical support. The flagship firm of the Adani Group said in a news release that the FCET would be introduced in India in 2023.

Electrolysis, a process that splits water with electricity, produces hydrogen, which can be used as fuel. The substance is known as green hydrogen if the electrolysers—the machinery that accomplishes this—are driven by renewable energy. The Adani Group, headed by Asia’s richest man Gautam Adani, intends to invest more than $50 billion over the next ten years in green hydrogen and related ecosystems, with a capacity of up to 3 million tonnes of green hydrogen per year, according to AEL. The Indian government recently approved a $2.11 billion incentive program to promote green hydrogen and earlier this month set green hydrogen consumption goals for specific companies.

Green hydrogen is a major focus for Indian businesses including Reliance Industries, Indian Oil, NTPC, Adani, JSW Energy, ReNew Power, and Acme Solar. As part of a plan to establish a new green hydrogen project in India, Adani has a partnership with the French energy company TotalEnergies. By 2070, India wants to achieve net zero carbon emissions.

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Source: Reuters

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