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Adani Total Gas Ltd
BSE Code 542066 ISIN Demat INE399L01023 Book Value (₹) 32.40 NSE Symbol ATGL Div & Yield % 0.03 Market Cap ( Cr.) 94,732.14 P/E * 145.01 EPS * 5.94 Face Value (₹) 1
* Profit to Earning Ratio
* Earning Per Share
Adani Total Gas launches green hydrogen production and blending pilot project in Ahmedabad Back
(28 Nov 2023)
Adani Total Gas (ATGL) announced the initiation of a pioneering ‘Green Hydrogen Production and Blending Pilot Project'.

As part of the project, ATGL will employ the latest technologies to blend Green Hydrogen (GH2) with natural gas for over 4,000 residential and commercial customers at Ahmedabad, Gujarat. GH2 is produced using electrolysis of water with electricity generated by renewable energy. Hydrogen blending is less carbon intensive than burning gas but has the same heating capabilities.

The project is expected to be commissioned by Q1 FY24-25 and the percentage of green hydrogen will be gradually increased in the blend to upto 8% or more, depending on regulatory approvals. After successfully completing the pilot, hydrogen blended fuel will be supplied stepwise to larger parts of the city and other license areas of AGTL. As per studies, an upto 8% hydrogen blend can reduce emission by upto 4%.

With this pilot, ATGL would like to partner with various stakeholders including regulatory authorities to share its firsthand learning and develop ecosystem about hydrogen blending in city gas distribution in India. This will also help in gaining and sharing knowledge on the operational aspects and the compatibility of blended fuel on existing infrastructure.