Enincon

28/03/2023

Why India has the potential to transform into a global Hydrogen Hub?

Massive investment roll out anticipated for hydrogen and its ecosystem in India by 2030 for which details are as under:

~30 MMT of overall demand for India
$175 Billion of PLI scheme for electrolysers
Additional RE capacity for H2 transmission and generation tagged at 125 GW
100 GW of capacity to be required to fulfil India’s green hydrogen aspirations
Total planned outlay notified by GoI for ecosystem is $197 Billion
~ 26 MMT of H2 shall be required as feedstock and fuel for industrial applications involving , and in the country
5 MMT of green hydrogen shall be required at an investment of $400 Billion
Electrolyzer manufacturing in India to go up with many technology tie-ups surfacing like – McPhy and L&T , John Cockerill & Greenko, Cummins & Iberdrola, ITM Power & Linde etc.

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Checkout Eninrac's latest announced market research study Hydrogen Economy Market Opportunity in India & Outlook 2035, https://bit.ly/3JvX8qg

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21/03/2023

07/03/2023

As we celebrate the wonderful, bright and happy colours of Holi, team eninrac wishes that festival of colours bring along a beautiful tomorrow full of new opportunities to grow and prosper

Happy Holi to One & All.

06/03/2023

Like oil, lithium, is not evenly distributed in the world. Nearly 80 percent of known deposits are in four countries – the South American lithium triangle of Argentina, Bolivia and Chile, and Australia. However, holding less than 7 per cent of the world’s lithium reserves, China is the world’s largest importer, refiner and consumer of lithium, buying 70 per cent of lithium compounds and supplying 70 per cent of lithium production, largely to domestic lithium battery makers, six of which are among the top ten in the world.

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27/02/2023

Thyssenkrupp, the German engineering giant with interests in high-grade electrical steel manufacturing in India, is in talks with the Indian government to explore possibilities for expanding its production capacity. Currently, the company has an annual capacity to produce 50,000 tonnes of electrical steel per annum, which is a small percentage of the country’s requirement.

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21/02/2023

INR 10,000 crore investment in Uttar Pradesh by Goenka Group. Of the total announced investment, INR 7500 will be invested in renewables, while power distribution and retail sectors will receive INR 1,000 crore each. The group further plans to invest INR 500 crore in sports academies.

Uttar Pradesh Global Investors Summit (UPGIS) 2023 which was scheduled from 10-12 February 2023 at Lucknow, is the flagship Investment Summit of the Government of Uttar Pradesh. The state government is expected to attract investment of INR 10 Lakh crores.

Learn what investment opportunity holds for your business in the state of Uttar Pradesh with Eninrac.

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16/02/2023

Reliance & Adani group being the flagbearers to investment attractiveness in India’s green energy space. Reliance Industries has signed an MoU of INR 5.9 Trillion (USD 72 Billion) with the govt. of Gujarat for establishing green energy projects till 2030. The company announced an investment of USD 7 Billion for setting up manufacturing facilities -solar PV modules (manufacture of polysilicon, wafer, cell, and module), electrolyzers, fuel cells, etc.

Learn about the investment plans of key domestic players across India’s green energy space with Eninrac.

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Checkout our latest announced market research reports on India's Renewable Energy sector, visit https://store.eninrac.com/

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07/02/2023

Union Budget 2023, the Government of India announced INR 1.31 Lakh crore for urea subsidy & INR 44000 crore for nutrient based subsidy taking the total budgetary allocation to INR 1.75 Lakh crores. PM Programme for Restoration, Awareness, Nourishment and Amelioration of Mother Earth” (PM-PRANAM) to be launched to incentivize states and union territories to promote alternative fertilizers and balanced use of chemical fertilizers. The government also proposed exemption in the on used in .

Catch full highlights about the Union Budget 2023, India at https://lnkd.in/dYh_Vcvj

Want to know about previous years' budgets? visit https://eninrac.com/budget

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02/02/2023

31/01/2023

FICCI has sought a hike in duty on the import of aluminium and its products to at least 12.5% to encourage domestic manufacturers in India. The present import duty on aluminium and aluminium products in India is 10% and increasing the duty would help curb dumping of products within the country and encourage growth of the domestic manufacturing and recycling landscape. At present 60% of India's aluminium demand is met through imports majorly from the US, the UK, Malaysia and the Middle East. Several of these nations support their domestic industries with concessions and benefits, low interest loans, cheaper power tariffs, increased raw materials availability, and tax benefits.

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25/01/2023

Let's spread peace, humanity, and prosperity among the people and rise to salute our nation with pride.

Wishing a very Happy Republic Day to one and all!