Sterlite Technologies experienced a surge in its stock price after announcing a collaboration with Hygenco to establish Maharashtra's inaugural green hydrogen plant dedicated to optical fibre manufacturing. By committing to utilizing 100% green hydrogen at this facility, Sterlite Technologies anticipates becoming a pioneer in the global optical fibre industry's decarbonization efforts, with the ultimate goal of achieving net zero emissions by 2030. The green hydrogen plant, situated in Chhatrapati Sambhaji Nagar, Maharashtra, will not only cater to Sterlite Technologies' glass preform facility but also serve as a model for sustainable production practices. Hygenco's involvement in constructing and managing the plant ensures a reliable and economically feasible supply of green hydrogen for the next two decades, showcasing a long-term commitment to environmental responsibility. Executives from both companies expressed enthusiasm about the role of green hydrogen in propelling India towards a more sustainable future, highlighting its potential as a significant driver of change in the country's sustainability journey.