TKIL Industries Charts Ambitious Green Hydrogen Growth Plan, Targets ₹1,000 Crore Revenue by 2030 – EQ
In Short : TKIL Industries aims to achieve ₹1,000 crore in green hydrogen revenue by 2030, according to CFO Ketan Pendse. The company plans significant investments in green hydrogen production, tapping into the growing demand for clean energy. With a focus on sustainability and innovation, TKIL is positioning itself as a key player in India’s emerging green hydrogen market.
In Detail : TKIL Industries has set an ambitious target to achieve ₹1,000 crore in revenue from green hydrogen by 2030. The company plans to invest heavily in green hydrogen production, considering it a major growth area in the clean energy sector.
According to CFO Ketan Pendse, TKIL is strategically aligning its operations to tap into the increasing demand for green hydrogen. The company sees this as a significant opportunity driven by India’s push toward renewable energy and decarbonization.
Green hydrogen, produced using renewable energy sources like solar and wind, is gaining traction globally as a clean alternative to fossil fuels. It is expected to play a crucial role in reducing carbon emissions, particularly in industries such as steel, cement, and transportation.
TKIL Industries is exploring collaborations and partnerships to develop green hydrogen infrastructure and supply chains. The company is also focusing on technological advancements to ensure efficient production and cost competitiveness in the green hydrogen space.
With this plan, TKIL aims to become a key contributor to India’s National Green Hydrogen Mission, which seeks to make the country a global hub for green hydrogen production and export.
CFO Ketan Pendse emphasized that TKIL’s green hydrogen business will complement its existing operations while supporting the country’s energy transition goals. The company is confident that its investments will yield long-term benefits and drive sustainable growth.
