Will add about 6,000 MT capacity of green hydrogen and its derivatives in FY24: Jakson Green Global CCO

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The group as a whole (Jakson Group) has decided to scale up its solar manufacturing capacity from the current 1 GW to 2 GW. In that, it will also expand to cell manufacturing, instead of just making modules
SWETA GOSWAMI AUGUST 07, 2023 / 05:10 PM IST
Jakson Green
Vish Iyer, Global CCO, Jakson Green said that by 2030 the company aims to produce a million ton of green ammonia or other derivatives of green hydrogen.
Jakson Green, the energy transition platform of Jakson Group, is going to add nearly 6,000 metric tons (MT) of green hydrogen and green ammonia capacity in this financial year, the company’s global Chief Commercial Officer (CCO), Vish Iyer told Moneycontrol in an interview.

“We will be adding about 3,000 MT of green hydrogen production capacity this year. Besides, we will also be delivering over 3,000 MT of green ammonia and green methanol in this financial year,” he said.

The company, as of now, plans to focus more on derivatives of green hydrogen such as green ammonia ad methanol. “By 2030, we aim to produce 1 million tonne of green ammonia or other derivatives of green hydrogen,” Iyer said.

Jakson Green currently has only about 100 MT of green hydrogen production capacity. It is also working on three projects in this segment – two with NTPC for building a methanol synthesis plant in Madhya Pradesh and a green hydrogen refuelling station in Delhi’s Badarpur for fuel cell buses proposed by the Union government, while the third project is with Steel Authority of India (SAI), in which the company is decarbonising SAI’s cold-rolled mills by providing them green hydrogen through electrolysis instead of hydrogen produced using natural gas internally.