<p>Adani Enterprises Limited (AEL) said on Tuesday that it has signed an agreement with Ashok Leyland and Canada's Ballard Power to launch a pilot project to develop a hydrogen fuel cell electric truck (FCET) for mining logistics and transportation.</p>.<p>The project led by Adani, will have Ballard supply the fuel cell engine, while truck maker Ashok Leyland will provide vehicle and technical support for the project.</p>.<p>The FCET is scheduled to be launched in India in 2023, the flagship company of Adani Group said in a release.</p>.<p>Hydrogen, made by splitting water with an electrical process called electrolysis, can be used as a fuel. If the devices that do that, electrolysers, are powered by renewable energy, the product is called green hydrogen.</p>.<p>In the next ten years, the Adani Group – led by Asia's richest man Gautam Adani – has plans to invest more than $50 billion in green hydrogen and associated ecosystems for a capacity of up to 3 million tons of green hydrogen annually, AEL said.</p>.<p>The Indian government had recently approved an incentive plan of 174.9 billion rupees ($2.11 billion) to promote green hydrogen and had set green hydrogen consumption targets for some industries earlier this month.</p>.<p>Indian companies such as Reliance Industries, Indian Oil, NTPC, Adani, JSW Energy , ReNew Power and Acme Solar have big plans for green hydrogen.</p>.<p>Adani has a tie-up with French energy company TotalEnergies as part of a deal to form a new green hydrogen project in India.</p>.<p>India plans to go net zero carbon emissions by 2070. </p>
<p>Adani Enterprises Limited (AEL) said on Tuesday that it has signed an agreement with Ashok Leyland and Canada's Ballard Power to launch a pilot project to develop a hydrogen fuel cell electric truck (FCET) for mining logistics and transportation.</p>.<p>The project led by Adani, will have Ballard supply the fuel cell engine, while truck maker Ashok Leyland will provide vehicle and technical support for the project.</p>.<p>The FCET is scheduled to be launched in India in 2023, the flagship company of Adani Group said in a release.</p>.<p>Hydrogen, made by splitting water with an electrical process called electrolysis, can be used as a fuel. If the devices that do that, electrolysers, are powered by renewable energy, the product is called green hydrogen.</p>.<p>In the next ten years, the Adani Group – led by Asia's richest man Gautam Adani – has plans to invest more than $50 billion in green hydrogen and associated ecosystems for a capacity of up to 3 million tons of green hydrogen annually, AEL said.</p>.<p>The Indian government had recently approved an incentive plan of 174.9 billion rupees ($2.11 billion) to promote green hydrogen and had set green hydrogen consumption targets for some industries earlier this month.</p>.<p>Indian companies such as Reliance Industries, Indian Oil, NTPC, Adani, JSW Energy , ReNew Power and Acme Solar have big plans for green hydrogen.</p>.<p>Adani has a tie-up with French energy company TotalEnergies as part of a deal to form a new green hydrogen project in India.</p>.<p>India plans to go net zero carbon emissions by 2070. </p>