NTPC’s green energy arm eyes USD 1.2bn from Indian IPO
Sep 19, 2024 11:52 CESTDenmark has launched an initiative, called Green Fuels Alliance India (GFAI), to bolster collaboration between the two countries with the aim of advancing the green fuels sector, including green hydrogen, it was announced Monday.
Nine organisations are taking part in the initiative as founding members: A.P. Moller – Maersk, Topsoe, Umwelt Energy, Mash Makes, European Sustainable Solutions, Novozymes, Danfoss, Brdr. Christensen and Hydrogen Denmark. The new alliance is led by the Danish Embassy and the Consulate General of Denmark in India and is part of activities under the India-Denmark Green Strategic Partnership signed in 2020.
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Morten Bo Christiansen, head of energy transition at shipping company A.P. Moller – Maersk expressed excitement about joining the initiative.
“The availability of green energy and green fuel in sufficient quantities at cost-competitive price levels is the single largest challenge to the global shipping’s net-zero journey. India has excellent conditions for renewable energy production and ambitions to be a global leader in the green energy value chain,” the executive said.
NTPC’s green energy arm eyes USD 1.2bn from Indian IPO
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