SUBSIDIARY NAME
Need to be registered with SPV LH2INDIA PVT Ltd.
COUNTRY
INDIA
SECTOR/ INDUSTRY
ENERGY
OWNERSHIP %
70% IIB-DG
ACQUISITION DATE
June 1, 2022
ACQUISITION VALUATION
300 MILLION
TOTAL ASSET VALUATION
4 BILLION
ENERGY-OIL-REFINERY-GAS
Need to be registered with SPV LH2INDIA PVT Ltd. By T.Mohan/Bhaskaran.K/Ambassador trade UK Ltd acquired on June 1, 2022 To complete the hydrogen production plant.
In view of the rising aspiration of the increasing population, India is also concerned about the climate change and is therefore striving for developing technologies for harnessing renewable energy sources. Hence, hydrogen energy and fuel cell technologies are of utmost importance, which India needs to develop in a mission mode. Green hydrogen is the bridge between a wind turbine, or a solar panel, to fuels you can use in your everyday life, in a plane, in a car, or in a ship. Consumption of fossil fuels gives rise to the greenhouse gas emissions in the environment and causes ambient air pollution, which have now become global concerns. The climate challenge is as real as ever. 51 billion tons of greenhouse gases are what the world adds to the atmosphere every year. That is the challenge we are facing. Our company vision is to be as the global leader in carbon emission reduction technologies. The technologies for production of hydrogen from new and renewable sources of energy are not yet mature in India and the cost of hydrogen produced through new and renewable energy sources is still very high and is not competitive to that produced from fossil fuels. To meet the future energy demands in sustainable and environment friendly manner we are introducing first time in India High-temperature electrolysis, made possible by Nel Haldor Topsoe’s solid-oxide electrolysis cell (SOEC), And Nel Hydrogen USA is a tested and proven process that enables industrial scale production of hydrogen using renewable electricity. Industry- leading efficiency, high reliability, and full integrability with downstream processes are hallmarks of Nel Topsoe’s SOEC solution will supply all required equipment’s for our project in Tamil Nadu . We will develop cost-competitive technologies to produce green hydrogen. Linked to renewable infrastructure, offerings like the SOEC electrolyser and electrified reactor will normalize Power-to-X around India.
SUBSIDIARY NAME
Solar Power Project 1000 MW ( 250 MW x 4)
YSR STEEL CORPORATION LIMITED
The Kute Group of Industries
Oil & Gas Projects
The Kute Group of Industries
Titan Aviation & Aerospace India Ltd
DEV MINING
Titan Defence Systems Ltd