Page 124 - CW E-Magazine (10-6-2025)

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REASSURING INVESTORS

Alfanar seeks clear policies to accelerate entry into

Indian green hydrogen market

Saudi energy company Alfanar is produces 500-ktpa of green
preparing to enter India’s green hydro- ammonia using renewable energy
gen sector but is awaiting clearer policy sources.
signals and regulatory frameworks. The
fi rm emphasized the need for stable In India, Alfanar currently
offtake agreements, similar to those operates 506.5-MW of wind power
that support India’s renewable energy capacity in Gujarat, with another
market, to ensure project viability and 50-MW under construction. The
attract investment. company focuses on hybrid pro-
jects combining wind and solar
Mohammed Irfan, CEO, Alfanar energy, along with energy storage
Global Development – India, noted developing mechanisms for guaranteed solutions, to strengthen its clean
that India’s green hydrogen market demand. Alfanar has signifi cant expe- energy portfolio in the region.
needs assured offtake agreements to rience internationally, having developed
provide certainty for investors. Unlike green hydrogen and ammonia projects The company’s planned expan-
renewable power projects backed by in countries like Egypt and Chile. The sion into India’s green hydrogen space
long-term power purchase agreements, company’s expertise includes a $3.5-bn aligns with its broader strategy to
the green hydrogen sector is still green ammonia facility in Egypt, which support the global energy transition.

BIOFUELS

IBA collaborates with IOC to develop bioenergy,
bio-hydrogen sector

The Indian Biogas Association emphasis on
(IBA) has signed an MoU with Indian industry-insti-
Oil Corporation (IOC) for develop- tute collabo-
ment of bioenergy and bio-hydrogen. ration.
The two will assign resources such as
technology, infrastructure, and skilled IBA is the
workforce to aid the expansion of the first nation
biofuels industry in India. They will wide associa-
also actively interact with legislators, tion for opera-
business executives, industry players, tors, manu-
and think tanks. Programmes for train- facturers and
ing and capacity-building will be planners of
another focus. biogas plants,
collaboration between central and state and representatives from public policy,
“At a policy level, IBA is already ministries. IOCL and IBA will work to science and research in India. The
working with a number of ministries formulate and propose policy incen- association was established in 2011 and
to create regulations that support the tives for various categories of biofuels,” revamped in 2015 to promote a greener
biogas, bio-CNG, and renewable Gaurav Kedia, Chairman, IBA, said. future through biogas. It is working with
energy sectors. To catalyse biogas deve- The MoU also provides for synergy the German Biogas Association to foster
lopment, this partnership will facilitate of R&D in biofuels with a special development of the sector in India.

124 Chemical Weekly June 10, 2025

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