The integrated power company of the Torrent Group, Torrent Power Limited, has started work on a pilot project to mix green hydrogen (GH2) and natural gas in its city gas distribution (CGD) network, which is a ground-breaking move towards a greener future. The project, which is expected to be finished in eight months, marks a significant step for Torrent Power's entry into the GH2 market in India and highlights its dedication to promoting a cleaner and more sustainable energy mix.
"The ambitious pilot project, utilising an Alkaline Electrolyzer, aims to blend approximately 2.5% GH2 into the CGD network, positioning it as one of the most significant private sector blending initiatives in the country." When combined with the current natural gas supply, "GH2, produced through water electrolysis powered by renewable sources, offers a gradual transition towards a cleaner energy alternative," it was said.
Torrent Power hopes to establish itself as a premier end-to-end GH2 solution provider for industrial and commercial players across India by leveraging its strong foothold in the renewable energy industry. The firm' proactive strategy for incorporating GH2 into its daily operations is consistent with its dedication to sustainability. Additionally, Torrent Power is aggressively looking at the development of green ammonia geared towards export, demonstrating its keen interest in other states and its eagerness to increase the variety of green energy sources it offers.
Currently, 4.1 GW of renewable energy alternatives make up the majority of Torrent Power's installed power producing capacity. Its capacity is made up of 2.7 GW of gas and 1.07 GW of renewable energy sources like solar and wind power. As part of its deliberate efforts to increase its renewable generation capacity in line with its sustainability goals and the government's vision of achieving 500 GW of non-fossil fuel capacity by 2030, the firm also has a further 0.7 GW of renewable capacity in various stages of construction.
Beyond the GH2 project, Torrent Power is dedicated to developing green energy through its work in green hydrogen and pumped hydro storage. The integrated electricity utility of the diversified Torrent Group, Torrent electricity has an annual revenue of about Rs. 25,000 crore. The group's market value is $75,000 crore, while its total revenues hover around 37,000 crore.