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Essar sets up Vertex Hydrogen to help drive energy transition in UK

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Essar has formed Vertex Hydrogen Limited, a transformative new joint venture, with Progressive Energy, to build the UKs largest hydrogen hub at the Stanlow Manufacturing Complex.

Led by Essar as the majority shareholder, Vertex Hydrogen has been formed to provide the catalyst for development of a hydrogen economy across North West England and North Wales, as a central part of the HyNet decarbonisation cluster.

This initiative is a core part of a wider strategy by Essar globally to focus on investing in energy transition through the transformation of existing portfolio companies, and investments in new ventures.

Providing low carbon hydrogen across North West England and North Wales

The UK’s first low carbon hydrogen facility at Essar Stanlow will sit at the heart of the HyNet low carbon cluster, to produce a total of 1GW per year of hydrogen, across two units, from 2026. This is equivalent to the domestic heating energy used by a major British city region, such as Liverpool.

Waste fuel gases from Essar Stanlow, and natural gas, will be converted by Vertex Hydrogen into hydrogen, with carbon dioxide safely captured and stored by HyNet partner Eni SpA, underground offshore in Liverpool Bay. The hydrogen production hub will provide low carbon energy to replace fossil fuels in industry across the HyNet region, as well as heating homes, and fuelling buses, trains and trucks.

A total investment of approximately 1 billion pounds will be committed to deliver the hydrogen production hub.

The hydrogen produced will, in the first instance, be utilised by Essar to reduce its carbon footprint at the Stanlow Manufacturing Complex. In addition, Vertex will also provide low carbon hydrogen to a wide range of businesses, including companies from the chemicals, ceramics, paper, glass and flexible power generation sectors, such as Tata Chemicals Europe, Encirc, InterGen, Solvay, Ingevity, Novelis, Glass Futures and Saica Paper, all having expressed interest already. More widely in the region, companies such as Pilkington are demonstrating use of hydrogen in their facilities. Cadent Gas Ltd is also developing the UK’s first multi-user hydrogen distribution network within HyNet.

Prashant Ruia, Essar Chairman, said: “Essar is massively committed to investing in energy transition and is building a portfolio of companies in this space. Vertex Hydrogen is a central component of that vision, which will be instrumental in helping create a hydrogen future for North West England and North East Wales. This will see over 1 billion pounds of investment, thereby creating jobs and supporting local communities for decades to come.”

Deepak Maheshwari, Essar Chief Executive Officer, commented: “Vertex Hydrogen is a critical investment for Essar in helping it achieve its vision of becoming the UK’s first low carbon refinery and supplying UK markets with the sustainable fuels of the future.”

Chris Manson-Whitton, Director at Progressive Energy, explained: “As the founding developer of HyNet, we see the launch of Vertex Hydrogen as a key milestone. Vertex is central to unlocking the low carbon hydrogen economy, reducing emissions, creating a cleaner world for future generations whilst creating and safeguarding jobs.”

In November 2020, the UK government published its Ten Point Plan for a Green Industrial Revolution, providing a roadmap to driving innovation, boosting export opportunities, and generating green jobs and economic growth across the country to level up regions.

As part of the plan, government committed to deploy Carbon Capture, Usage and Storage (CCUS) in two industrial clusters by the mid-2020s, with a further two clusters coming on-line by 2030. The successful deployment of CCUS is critical to meeting the UK’s net zero goals and remains crucial for industrial decarbonisation, low carbon power, engineered greenhouse gas removal technologies and delivering the government’s 5GW by 2030 low carbon hydrogen production ambition.

Vertex Hydrogen was launched in January 2022. A joint venture between Essar Oil UK (90 per cent) and Progressive Energy Ltd (10 per cent), Vertex will deliver the UK’s first low carbon hydrogen production plant to lead the country’s hydrogen production economy. Using Johnson Matthey’s Low Carbon Hydrogen (LCHTM) technology, the hydrogen production plant will sit at the heart of HyNet North West, the UK’s leading industrial decarbonisation cluster. HyNet will deploy a combination of low carbon hydrogen, distributed by Cadent Gas Ltd, and carbon capture and storage (CCS) infrastructure, provided by ENI, to decarbonise industry, transport and transform how we heat our homes across North West England and North East Wales.

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HM Shah to review anti-Naxal operations in Chhattisgarh today

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Raipur, April 5: Union Home Minister Amit Shah will assess the progress of the ongoing anti-Naxal operations in Chhattisgarh on Saturday.

HM Shah’s two-day trip to the state is centred around reviewing the effectiveness of security measures in the Left Wing Extremism-affected regions of Bastar and Gariaband.

HM Shah arrived at Swami Vivekananda Airport in Raipur at around 9:30 p.m. on Friday, where he was welcomed by Chief Minister Vishnu Deo Sai, Deputy CM Vijay Sharma, and other senior officials. From there, he headed to a hotel in Nava Raipur to prepare for his engagements.

The primary focus of his visit will be a high-level meeting scheduled for today, where he will evaluate the ongoing anti-Naxal efforts in the state.

HM Shah is expected to directly review the security situation in Bastar, a key region hit by insurgency. The meeting will specifically concentrate on operations in Dantewada, Bijapur, and Kanker, the districts most affected by Naxal violence.

In addition to meeting with security personnel involved in these operations, HM Shah will assess the strategies employed to curb the Naxal threat.

The visit comes at a time when Chhattisgarh has seen significant success in its fight against Naxalism.

In 2025 alone, at least 130 Naxalites have been killed in encounters, with more than 110 of these deaths occurring in the Bastar division.

Over 105 Naxalites have been arrested, while 164 others have voluntarily surrendered as part of the ongoing peace restoration efforts.

On Saturday, HM Shah will visit Dantewada, a key Naxal stronghold, where he will also offer prayers at the Maa Danteshwari Temple. Later, he will attend the closing ceremony of the ‘Bastar Pandum’ festival, a cultural event showcasing the rich traditions, art, and cuisine of the tribal communities in the region.

This visit underscores the government’s broader strategy to eliminate the Naxal threat by March 31, 2026.

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Maharashtra govt issues notice to Ola Electric over missing trade certificates

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Pune, April 4: The Maharashtra government has issued a notice to Ola Electric Mobility Limited, asking the company to explain why some of its stores in the state are operating without valid trade certificates.

According to the notice from the Transport Commissioner’s Office, several Ola Electric showrooms and service centres in Maharashtra are being run without the required documents.

The notice also accuses the company of illegally selling vehicles through these unauthorised outlets.

According to media report, the notice, dated March 31, gives the company three days to respond.

“This is a very serious matter, and you are requested to provide an explanation within three days as to why action should not be taken against your company for this act,” the notice said.

It was reportedly signed by Joint Transport Commissioner Ravi Gaikwad. However, as of now, Ola Electric has not responded officially on the issue.

The notice follows an earlier inspection drive initiated by the state transport authority.

On March 21, NDTV Profit had reported that Maharashtra’s Transport Commissioner had instructed all Regional Transport Offices (RTOs) to carry out special checks at Ola Electric stores.

These inspections reportedly revealed that many outlets were functioning without the necessary trade certificates.

As per the Central Motor Vehicles Act, 1988, and the Central Motor Vehicle Rules, 1989, every vehicle distributor or manufacturer must obtain a trade certificate to register and sell vehicles.

In addition, Rule 35 of the same law states that each showroom or dealership must have a separate certificate from the concerned registration authority.

The shares of the electric two-wheeler manufacturer closed lower by Rs 1.42 or 2.63 per cent to close the intra-day trade at Rs 52.62 on the National Stock Exchange (NSE).

Earlier this week, the company saw a sharp drop in its electric two-wheeler sales in March 2025, selling 23,430 units — a steep 56 per cent decline compared to the same month last year.

The company said on April 1 that the fall was mainly due to disruptions caused by its recent shift to handling vehicle registrations in-house, a process that began in February.

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Cabinet okays 4 projects worth Rs. 18,658 crore to expand track network of Indian Railways

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New Delhi, April 4: The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved four projects to expand the track network of Indian Railways with an investment of Rs 18,658 crore, according to an official statement issued on Friday.

The four projects covering 15 districts in three states – Maharashtra, Odisha, and Chhattisgarh – will increase the existing network of Indian Railways by about 1,247 km.

These projects include Sambalpur-Jarapda 3rd and 4th Lines, Jharsuguda-Sason 3rd and 4th Lines, Kharsia-Naya Raipur-Parmalkasa 5th and 6th Lines, and Gondia-Balharshah doubling

The enhanced line capacity will improve mobility, providing enhanced efficiency and service reliability for Indian Railways. These multi-tracking proposals will ease operations and reduce congestion, providing the much-needed infrastructural development on the busiest sections across Indian Railways. The projects are in line with PM Modi’s vision of a New India, which will make people of the region “Aatmanirbhar” with comprehensive development in the area, which will enhance their employment/ opportunities, the official statement said.

The projects are part of the PM-Gati Shakti National Master Plan for multi-modal connectivity which entail integrated planning and will provide seamless connectivity for movement of people, goods and services.

With these projects, 19 new stations will be constructed, enhancing connectivity to two Aspirational Districts (Gadchiroli and Rajnandgaon). The multi-tracking project will enhance connectivity to around 3,350 villages and about 47.25 lakh population.

Kharsia-Naya Raipur-Parmalkasa lines will provide direct connectivity to new areas such as Baloda Bazar, and this will create possibilities for the setting up of new industrial units, including cement plants, in the region.

These lines are essential routes for the transportation of commodities such as agricultural products, fertiliser, coal, iron ore, steel, cement, and limestone. The capacity augmentation works will result in additional freight traffic of magnitude 88.77 MTPA (Million Tonnes Per Annum), the statement said.

With rhe Railways being an environment friendly and energy efficient mode of transportation, the new projects will help both in achieving climate goals and minimising logistics costs of the country. The projects are expected to reduce oil import by 95 crore litres and lower CO2 emissions by 477 crore kg, which is equivalent to planting 19 crore trees, the statement added.

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