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Oswal Energies, Deendayal Port Partner for Green Hydrogen Project Breakthrough

Soniya Gupta

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Oswal Energies and the Deendayal Port Authority have signed an MoU to jointly develop green hydrogen, green methanol, green ammonia, and a 100 MLD desalination plant under the National Green Energy Initiative. This collaboration aims to enhance the port’s role in sustainable energy systems, supporting India’s net-zero and energy security goals. Oswal Energies will oversee the development of facilities for hydrogen generation, methanol and ammonia conversion, and the high-capacity desalination plant, positioning the project as a model for renewable energy and water integration within port ecosystems. The agreement was signed during India Maritime Week 2025 in Mumbai.

In a major stride toward India’s green energy revolution, Oswal Energies Pvt Ltd and Deendayal Port Authority (DPA) have officially partnered to establish an advanced Green Hydrogen and Ammonia production facility in Kandla, Gujarat. This collaboration aims to position India as a global hub for clean energy production, aligning perfectly with the National Green Hydrogen Mission launched by the Government of India. The project is expected to create a benchmark for sustainable port-led industrial growth while promoting decarbonization across key economic sectors like transport, shipping, and fertilizers.

The strategic tie-up between Oswal Energies and Deendayal Port symbolizes a transformative step in India’s roadmap to achieve net-zero emissions by 2070. The project site within the port premises will leverage its robust maritime logistics to handle hydrogen derivatives and renewable fuels efficiently. The initial phase focuses on building a 200 MW green hydrogen production unit powered by renewable energy sources such as solar and wind. Over time, capacity will expand to over 1 GW, making it one of India’s largest hydrogen manufacturing hubs. The project is anticipated to generate thousands of direct and indirect employment opportunities while boosting the regional economy of Gujarat’s Kutch district.

From a policy perspective, the partnership underscores how public-private collaboration can accelerate the energy transition process. Deendayal Port, being one of India’s largest ports by cargo handling capacity, offers Oswal Energies a strategic location advantage with access to both domestic and export markets. The integration of port-led industrial clusters and renewable energy zones will enable seamless export of green ammonia to Europe, Japan, and South Korea markets that are witnessing exponential demand for low-carbon fuels. Furthermore, this initiative aligns with the Maritime India Vision 2030, which emphasizes developing ports as sustainable energy hubs.

The project’s technical framework involves state-of-the-art electrolysers to produce green hydrogen from water using renewable electricity. Hydrogen thus generated will be converted into green ammonia, which can be stored and transported more easily. Ammonia will serve as both a clean fuel and a hydrogen carrier, supporting industrial decarbonization and sustainable fertilizer production. The use of cutting-edge electrolyser technology from leading global suppliers will ensure energy efficiency and lower operational costs. This collaboration not only strengthens India’s hydrogen ecosystem but also aligns with the country’s ambition to produce 5 million metric tonnes (MMT) of green hydrogen annually by 2030.

Economic and Strategic Significance

The Oswal-Deendayal partnership is expected to attract significant foreign direct investment (FDI) into India’s renewable infrastructure. Gujarat, already a pioneer in clean energy projects, stands to benefit immensely through industrial diversification, job creation, and export potential. The facility will also contribute to reducing India’s dependence on imported fossil fuels, improving energy security, and balancing the trade deficit. Additionally, with the government’s push for Production-Linked Incentive (PLI) schemes for electrolysers and renewable manufacturing, domestic supply chains will be strengthened. The project’s success may also encourage.

Other ports like Mundra, Paradip, and Visakhapatnam to replicate similar green hydrogen initiatives, the economic spillovers effects are expected to reach sectors such as logistics, shipping, construction, and technology. The port’s existing infrastructure will undergo green retrofitting to handle hydrogen storage, ammonia terminals, and renewable fuel bunkering stations. These developments align with global environmental, social, and governance (ESG) principles, making the project attractive for green investors and climate-conscious financial institutions. With the involvement of Oswal Energies, a reputed player in clean energy solutions, the collaboration ensures technical reliability, financial viability, and environmental sustainability.

Environmental and Social Impact

From an environmental perspective, the Oswal-Deendayal initiative will significantly contribute to India’s climate goals. The project will help mitigate over 1 million tonnes of carbon dioxide emissions annually in its initial phase. It will promote the use of green ammonia as marine fuel, offering a clean alternative for ships operating from Indian ports. Socially, the project is expected to empower local communities through skill development, technical training, and employment opportunities. Educational institutions and research organizations in Gujarat could collaborate with Oswal Energies to foster innovation in hydrogen technology and green chemistry

The collaboration also reflects the synergy between central and state policies supporting clean energy expansion. The National Hydrogen Mission, backed by fiscal incentives and infrastructure support, ensures a favorable business ecosystem for projects like this. The Ministry of Ports, Shipping and Waterways (MoPSW) has already directed all major ports to identify land for hydrogen (MMRC) projects. Deendayal Port’s proactive approach sets a precedent for other port authorities to emulate. Meanwhile, Gujarat’s renewable-friendly policies and extensive coastal infrastructure make it an ideal state for hydrogen export.

The project also complements India’s efforts in global climate summits like COP28 and strengthens its position as a reliable green energy exporter In the long run, Oswal Energies plans to integrate hydrogen refuelling stations, hydrogen-based power generation, and ammonia storage systems within the project ecosystem. The partnership with Deendayal Port is envisioned as a multi-phase initiative that will evolve into a full-fledged Green Energy Industrial Park. This will enable cross-sectoral synergies between renewable power generation, chemical industries, and port operations. The project will also collaborate with technology partners and international organizations to share best practices in safety, storage, and hydrogen handling.

Global Perspective and Export Potential

Globally, countries like Japan, Germany, and South Korea are rapidly adopting hydrogen as part of their clean energy transition strategies. By entering into this domain, India aims to capture a significant share of the green fuel export market. Deendayal Port’s geographical location provides a strategic gateway for exports to Europe and Asia-Pacific regions. With growing international demand and rising carbon taxes in developed economies, India’s competitive production costs offer a major advantage. The Oswal-Deendayal project thus represents both an environmental and economic opportunity for India to become a hydrogen superpower.

In essence, this partnership is a testimony to India’s unwavering commitment to building a sustainable, low-carbon future. The project demonstrates how industrial innovation, port-led development, and renewable energy integration can come together to create transformative impact. (Solar) By harnessing Gujarat’s renewable potential and Deendayal Port’s logistics infrastructure, Oswal Energies is setting a new benchmark for green hydrogen excellence in South Asia.

Q1. What exactly will Oswal Energies and Deendayal Port do together?
They will collaborate to develop a large-scale green hydrogen, green methanol and green ammonia production complex at the port. This includes electrolyser installation, infrastructure for production, storage, export logistics and a 100 MLD desalination plant.

Q2. What is the current status of the hydrogen plant at DPA?
The first module (1 MW) has been commissioned at DPA’s Kandla port, capable of roughly 140 metric tonnes per year of hydrogen. This forms part of an intended 10 MW facility in the near term.

Q3. Why is DPA chosen as a green hydrogen hub? 
DPA has been designated as a green hydrogen hub by the Indian government, has allocated significant land (3,400 acres) for hydrogen/ammonia projects, coastal location for logistics/export and accesses on-site renewable energy potential.

Q4. What is the role of Oswal’s electrolyser contract?
Oswal Energies has placed a sizeable order (₹320 crore) with Greenzo Energy to supply electrolysers for a 20 MW hydrogen project. This underscores Oswal’s capability in hydrogen production and infrastructure.

Q5. What are the expected industrial and environmental outcomes?
Expected outcomes include decarbonising port operations and industrial feedstock sectors (fertiliser, chemicals), enabling export of green fuels, reducing carbon intensity of maritime logistics, and building indigenous hydrogen-equipment manufacturing capacity.