Announced Thu, 24 Sept, 2026 · 11:18 IST
Maruti Suzuki commissions first green hydrogen plant at Manesar
MARUTI · price
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Price reaction · full curve 14 horizons · vs prior close
-1.1%1-day move
₹12200.00
prior close
₹12130.00
base price
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AI summary
Maruti Suzuki commissioned its first 300 kW green hydrogen pilot at Manesar, Haryana. The hydrogen, made from on-site solar, is blended with natural gas as process fuel. Plans to scale to Haryana and Gujarat plants. Other steps: a 10 TPD biogas plant at Kharkhoda (FY 2026-27), 1 MWh battery storage recently commissioned, and 4 CBG projects with Rs 5,610 million budget. Carbon target: 615,000 to 266,000 tonnes by FY 2030-31.
Likely market impact
Positive ESG move. Small pilot, limited immediate financial impact, but aligns with India's Green Hydrogen Mission and long-term sustainability targets.