GURUGRAM, India and AHMEDABAD, India, Sept. 18, 2024 /PRNewswire/ -- Hygenco Green Energies Pvt Ltd, a pioneer in producing low-cost green hydrogen, announced entering into a MOU with REC Limited (earlier Rural Electrification Corporation limited) for financing Hygenco's Green Ammonia Project in Gopalpur, Odisha. The MOU was formalized during the 4th Global Re-Invest held in Gandhinagar, Gujarat.
The company's Green Ammonia Project is part of its broader vision to reduce carbon emissions. Under the MOU, REC will fund upto $280 million for the project, even as Hygenco is planning to invest about US$2.5 billion towards its green hydrogen and green ammonia projects across India in the next few years.
Amit Bansal, Co-Founder and CEO of Hygenco, said, "We are committed to energy security and aligning with the Indian government's vision of Aatmanirbhar Bharat. Our projects will help reduce carbon emissions and pave the way for a sustainable future."
Hygenco has already made a name for itself in the green hydrogen space. In March 2024, Hygenco commissioned India's first commercial green hydrogen plant in Hisar, Haryana. In 2022, Hygenco had signed India's first-ever commercial long-term offtake agreement of green hydrogen for the Hisar based project with Jindal Stainless. The developer has also signed agreements with major companies including Sterlite Technologies to supply green hydrogen.
Hygenco's goal is to become a global leader in green hydrogen and green ammonia solutions.
Hygenco's success is a significant step towards reducing India's carbon footprint. Their projects will help decarbonize industries that are difficult to abate, such as steel and chemical. This will contribute to India's climate goals and help create a sustainable future.
About Hygenco:
Headquartered in Gurgaon, India, Hygenco develops and deploys scaled-up commercially attractive green hydrogen and green ammonia assets. Hygenco, which has deep capabilities in designing, building, and operating Green Hydrogen projects, has commissioned India's first Green Hydrogen project in Hisar which was inaugurated by Union Minister of Civil Aviation and Steel earlier this year. Hygenco is looking to invest $2.5 billion over 3 years to set up Green Hydrogen projects in India.
For more information on Hygenco, please visit https://www.hygenco.in/.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Hygenco enters into MOU with REC to finance Green Ammonia Project in Gopalpur, Odisha
LAS VEGAS, Dec. 21, 2024 /PRNewswire/ -- ASUS is set to debut the world's lightest Copilot+ PC during the AIways Incredible launch event on January 7, 2025. This groundbreaking laptop redefines ultra-light, AI-powered performance and will kick off CES 2025 with a live global stream.
Join the AIways Incredible Launch Event Online:
Date: January 7 at 9:00 AM PST
Event Page: https://asus.click/ces25_teaser
Teaser Video: https://www.youtube.com/watch?v=TLgFyI5jnbQ
This latest solution will be part of the ASUS Zenbook series of laptops and offers several innovative aspects to look forward to.
The Art of Lightness Meets Next-Gen Technology
The ultra-light design of the world's lightest Copilot+ PC is set to redefine possibilities for mobility on AI devices, offering a portable partner and collaborator for the modern user. It is the perfect blend of elegance and functionality, offering a seamless experience for professionals, creators, and everyday users alike. Inspired by minimalism and nature, the design philosophy celebrates quiet luxury without sacrificing innovation.
Intelligent Innovation with Copilot+ AI
The new Zenbook is more than a laptop—it is a smart partner designed to revolutionize productivity. Powered by Copilot+ AI, it delivers intuitive, adaptive workflows, seamless collaboration, and smarter performance tailored to user needs.
Performance Without Compromise
Despite its ultra-light design, the laptop boasts robust performance and an impressive 32-hour battery life, offering continuous productivity that makes it ideal for travelling, remote work, and on-the-go productivity. Full specs, including details of the cutting-edge processor, will be unveiled during the event.
AIways Incredible at CES 2025
The launch marks a key milestone for ASUS in shaping the AI era. Viewers around the world will discover the complete AI-powered capabilities of the revolutionary Zenbook, redefining the future of computing.
Tune in on January 7 to experience AIways Incredible for yourself: https://asus.click/ces25_teaser
About ASUS
ASUS is a global technology leader that provides the world's most innovative and intuitive devices, components, and solutions to deliver incredible experiences that enhance the lives of people everywhere. With its team of 5,000 in-house R&D experts, ASUS is world-renowned for continuously reimagining today's technologies for tomorrow, garners more than 11 awards every day for quality, innovation, and design, and is ranked among Fortune's World's Most Admired Companies.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
The Art of Lightness: ASUS to Unveil World's Lightest Copilot+ PC
