Sterlite Technologies and Hygenco Pave the Way for Green Manufacturing in Maharashtra
Key Ideas
- Sterlite Technologies partners with Hygenco to establish Maharashtra's first green hydrogen and green oxygen production facility for optical fibre, aiming to achieve Net Zero emissions by 2030.
- The initiative will make Sterlite Tech one of the first optical fibre manufacturers globally to use 100% green hydrogen in its production processes, setting a new benchmark for decarbonization in the industry.
- Hygenco will build, own, and operate the facility, ensuring a reliable supply for 20 years, while Sterlite Tech aims to reduce carbon emissions by approximately 30% annually through this collaboration.
- Hygenco plans to invest US$2.5 billion over the next three years, targeting 10 GW of green hydrogen and ammonia assets by 2030, signifying a significant commitment to sustainable energy production.
Sterlite Technologies Ltd has partnered with Hygenco to establish Maharashtra's first green hydrogen and green oxygen production facility in Chhatrapati Sambhaji Nagar. The project aims to supply green hydrogen and oxygen to STL's glass preform facility and achieve Net Zero emissions by 2030. By using 100% green hydrogen in its manufacturing processes, Sterlite Tech is pioneering decarbonization in the optical fibre industry globally. Hygenco will invest US$2.5 billion over three years to target 10 GW of green hydrogen and ammonia assets by 2030, supporting India's sustainability goals. This collaboration not only enhances operational efficiency and safety at the manufacturing plant but also signifies a significant step towards a greener, more resilient future. With a focus on innovation, sustainability, and industry 4.0 technologies, Sterlite Technologies and Hygenco are leading the way in green manufacturing, setting a positive example for the industry and driving the transition towards renewable energy and decarbonized industrial processes.
Topics
Investing
Renewable Energy
Innovation
Sustainability
Investment
Manufacturing
Decarbonization
Collaboration
Industry 4.0
Latest News