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Green hydrogen consumption to be escalated from 2040, says Atul Jairaj, Deloitte, ET Auto

Green hydrogen consumption to be escalated from 2040, says Atul Jairaj, Deloitte, ET Auto

by admin
July 12, 2024
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<p>Atul Jairaj, Partner, Deloitte India</p>
Atul Jairaj, Accomplice, Deloitte India

New Delhi: As India shifts in the direction of inexperienced mobility, non-fossil gasoline automobiles have turn into a necessity. A transition is required from ICE automobiles to non-ICE automobiles reminiscent of Pure Fuel (CNG), Liquified Petroleum Fuel (LPG), Biofuel, Inexperienced Hydrogen, and Electrical Autos (EVs), acknowledged Deloitte’s report on ‘Fuels of the long run’. And “Inexperienced hydrogen consumption might be escalated from 2040s. As its manufacturing brings each independence, and self-sufficiency for India,” Atul Jairaj, Accomplice, Deloitte India added.

<p>Fuels of the future report unveiled at ETAutoTech Summit 2024</p>
Fuels of the long run report unveiled at ETAutoTech Summit 2024

A report which delves into a number of points of inexperienced mobility was unveiled at ETAutoTech Summit 2024. This report was unveiled by Rajendra Petkar, President & CTO, Tata Motors, Kausalya Nandakumar, COO, Mahindra Electrical Vehicle Ltd, Sumantra Bibhuti Barooah, Consulting Editor at ETAuto, Deepanshu Taumar, Deputy Editor at ETAuto and ETManufacturing, Atul Jairaj, Accomplice, Deloitte India, and Sajid Malik, Chairman & Managing Director at Genesys Worldwide Company Ltd.

A well-known but unhighlighted side is how India may be autonomous. The Deloitte report states India’s financial system needs to be strengthened to cut back import payments and a steadiness is required to take care of India’s bold goal of reaching sustainability.

As per studies, India in FY 2023-24 imported 232.5 million metric tonnes (MMT) of crude oil, whereas in FY23 it recorded 232.8 MMT, highlighting the nation’s dependence on imports. To scale back the import, India must be impartial of gasoline, which means India ought to attempt to extract/produce in-house fuels as an alternative of importing, says Atul Jairaj, Accomplice, Deloitte India throughout the two day occasion.

The report additional talks about its 2070 view on carbon neutrality and its 2045 view on greenhouse gasses. For which Jairaj emphasises that, “not simply authorities, however even firms have provide you with their very own inner targets, exterior targets, and are available public with that.”

Explaining additional, Jairaj stated he believes CNG is the largest different gasoline at current, nevertheless, he additionally emphasised how vital different fuels are.

Concluding the small print about this report, Jiaraj stated, it additionally offers options for afterlife of the automobile (submit automobile utilization; scrapping for its parts) to supply sustainability.

  • Revealed On Jul 12, 2024 at 02:00 PM IST

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Tags: AtulAutoconsumptionDeloitteescalatedGreenhydrogenJairaj

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