Hyderabad-based Vibrant Energy, a renewable energy company with operating capacitiy of 132 MW and in-pipeline capacity of 3 GW, is "actively exploring opportunities of delivering green hydrogen and green ammonia to our clients," the company's CEO, Srini Viswanathan, has told Mercom.
"It works as a natural extension for many of our customers who are potentially buying massive amounts of green energy from us to simply allocate some of it to run electrolyser to generate green hydrogen," he said.
"We can pivot a lot of industrial hydrogen to green hydrogen and at some point in the future, even pivot our large truck transportation mechanism to hydrogen, we can save a significant amount of foreign exchange for the economy and that will be a huge accretive scenario for the country," he said.
Recently, Vibrant Energy announced its deal with Amazon, under which it would sell green power to the tech giant. Vibrant energy is a subsidiary of Macquarie's Green Investment Group.
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