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DRIVING DEMAND KNOWLEDGE DAY

Government to unveil green hydrogen mandate for Vimal Intertrade organises customer meet in New Delhi

refi neries & fertiliser companies Leading chemical distribution fi rm,
Vimal Intertrade, recently organised its
The Ministry of New and Renew- hydrogen production and electrolyser an increase in renewable energy capa- annual customer meet in New Delhi.
able Energy (MNRE) is preparing to manufacturing. Currently, India has a city of approximately 125-GW. The event brought together about 320
seek cabinet approval for a mandate manufacturing capacity of 5.8-mtpa delegates from 170 customers in paints,
that requires refi neries and fertiliser of green hydrogen in various stages of Net zero scenario coatings, adhesives, inks and construc-
manufacturers to consume green installation. Meanwhile, as per the ‘New Energy tion chemicals markets, specifi cally
hydrogen. The initiative aims to stimulate Outlook: India’ report, published by from northern part of India, the company
demand for green hydrogen in India. Recently, the MNRE established BloombergNEF, under the Net Zero informed in a press note.
standards for green hydrogen produced Scenario (NZS), India’s industrial sec-
Speaking at the BloombergNEF within the country, specifying that car- tor emissions peak in 2031 and begin Following the inaugural address by
Summit in New Delhi recently, Power bon emissions should not exceed 2-kg a steep decline in the mid-2030s as the Dr. Deepak Walhekar, President – Inter-
and New & Renewable Energy Minis- of carbon dioxide equivalent (CO e) use of hydrogen and carbon capture national business, Vimal Intertrade, and
2
ter, Mr. R. K. Singh said that mandate per kg of hydrogen. Earlier this year, increases to decarbonise steel, cement a video presentation on the company, tional additives, graphene nanotubes He gave details about top substrate wet-
fi xation is in process. the cabinet had approved the National and petrochemical production. “Domes- Ms. Mrunal Vaidya, Manager Applica- create 3D uniform reinforced and ting & levelling agents for WB SB and
Green Hydrogen Mission, with the goal tic demand for hydrogen increases tion Development, Coatings and Adhe- conductive network. UV base inks among others. The presen-
“By and large, we have had the dis- of setting up 5-mtpa of green hydrogen about tenfold, to 53-mn tonnes (mt) H2 sives, Covestro India Pvt. Ltd. and her tation by Mr. Ramakant Maurya, Asso-
cussions and we have come up with capacity. by 2050. New demand for hydrogen colleague spoke on ‘New generation Mr. Vishwas Singh, Management ciate Manager, Evonik India Pvt. Ltd.
some fi gures, and we will go to the is driven by rapid adoption of hydro- polyurethane coating solutions’ that Trainee, Evonik India Pvt. Ltd., gave focussed on the various challenges for
cabinet soon. We have had discussions In June, the government introduced gen-fi red direct-reduction furnaces in have high effi ciency, high class perfor- information on the online portal ‘COA- modern formulation of wood coatings.
with the concerned ministries on this. the Strategic Interventions for Green the steel industry, taking the demand to mance and are more environmentally TINO Campus’. He gave tips on how
Most ministries want the mandates Hydrogen Transition (SIGHT) Programme, 33-mt H2 in 2050,” it projected. “Cur- friendly. one could derive advantage from the Vimal Intertrade offi cials said the
to be small to start with, but I want a which allocates Rs. 13,050-crore to in- rently, most of the hydrogen in India is dynamic formulation network, which event provided a platform to facilitate
larger mandate for obvious reasons,” centivise green hydrogen production produced from unabated fossil fuels. By In his presentation on additive solu- provided digital solution for real life information exchange between its cus-
Mr. Singh said. and Rs. 4,440-crore for electrolyser pro- 2050, hydrogen produced with fl exi- tions for industrial & transportation coatings. tomers and suppliers. “Our customers
duction. As part of this ambitious green ble grid-connected electrolysers powe- coatings, Mr. Anirban De, Head-ART got an opportunity to interact directly
The move follows the MNRE’s intro- hydrogen mission, the government in- red primarily by renewables becomes Industrial & Automotive Coatings, Mr. Jongtae (Ted) Park, Technical with principal suppliers’ technical team
duction of incentive schemes valued tends to elevate India’s green hydrogen the dominant pathway in India under Evonik India Pvt. Ltd., said the com- Marketing Manager, APAC Printing and to learn about their new products/
at Rs. 17,000-crore to promote green production to 5-mtpa, accompanied by the NZS,” the report added. pany’s wetting and dispersing additives Systems & Special Applications, Orion application developments and expe-

PURE PLAY STRATEGY ensures fast and effi cient wetting and Engineered Carbons Korea Co., Ltd rience it though prototypes exhibited
long-lasting solutions for all formula- spoke on ‘Specialty pigment blacks in a sample-gallery. We have plans to
Vedanta plans to split each business into separate tions. Mr. Gaurav Namdhar, Technical for printing systems’, while a technical replicate such interactive knowledge
Director, OCSiAl India presented novel presentation on additives used in inks sessions across other parts of India,”
entities insights into the world of graphene was presented by Mr. Nitin Gupta, Tech- informed a Vimal Intertrade spokes-
nanotubes and noted that unlike conven- nical Manager, Evonik India Pvt. Ltd. person.
Anil Agarwal-led Vedanta Group “All these companies are in Vedanta the leadership can grow these busi-
plans to split each of its business in oil & Ltd. The whole world is looking to nesses to the highest level to create
gas, aluminium, power, copper, zinc, invest in India. I have been told that value and develop several other pro-
silver, lead, iron and steel, nickel, ferro the investors like pure play and all our ducts within this product, he added. For
alloys, and semiconductor display glass business can grow manyfold. I have shareholders, he said this also means
into separate companies and list them on asked all my advisors and my people that if you have one share of Vedanta,
exchanges for a better focus for growth. to look into whether we can have these you will have many shares of other
Sharing this idea with shareholders, all product or some product to be companies and people will have an
Mr. Agarwal said that in the last two independent,” he said in a disclosure to opportunity to invest in different areas.
decades Vedanta has entered new busi- the stock exchanges. “It is my vision and when I fi nd it is
ness that are import-substitute ones that appropriate, we will go to the Board
create stiff entry barriers for new players. An independent management and and take it forward,” said Mr. Agarwal.

140 Chemical Weekly September 5, 2023 Chemical Weekly September 5, 2023 141

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