Sterlite Technologies Collaborates for Green Hydrogen Production in Maharashtra
Key Ideas
- Sterlite Technologies Ltd. and Hygenco partner to establish Maharashtra's first green hydrogen production facility for sustainable optical fibre manufacturing.
- The collaboration aims to reduce carbon emissions by approximately 30% annually and supports Sterlite Tech's goal to achieve Net Zero by 2030.
- Hygenco plans to invest US$2.5 billion over the next 3 years to commission 10 GW of green hydrogen and ammonia assets by 2030, contributing significantly to India's sustainability journey.
- This initiative positions Sterlite Tech as one of the world's first optical fibre manufacturers to utilize 100% green hydrogen in production processes, setting a global benchmark for decarbonization in the industry.
Sterlite Technologies Ltd. has partnered with Hygenco to establish Maharashtra's inaugural green hydrogen and oxygen production facility for sustainable optical fibre manufacturing in Chhatrapati Sambhaji Nagar. This collaboration aims to supply green gases to Sterlite Tech's glass preform facility, enabling the company to deploy 100% green hydrogen in its production processes and reduce carbon emissions by around 30% annually. Hygenco, the collaborator, will invest US$2.5 billion over the next three years to commission 10 GW of green hydrogen and ammonia assets by 2030.
Rahul Puri, CEO of Optical Networking Business at Sterlite Technologies, expressed the company's commitment to sustainability and operational excellence through this venture. The CEO of Hygenco Green Energies Pvt. Ltd., Amit Bansal, highlighted the significance of green hydrogen in India's sustainability journey and praised the collaboration with STL for leading the optical fibre industry into a new era of green manufacturing.
Sterlite Technologies Ltd., a global optical and digital solutions provider, is pioneering the use of green hydrogen in its manufacturing processes to support its Net Zero target by 2030. This initiative positions the company at the forefront of sustainable practices and decarbonization in the optical fibre industry, acting as a global benchmark for others to follow.