Delegates at the ‘MIR NetZero Vision 2047 Summit’ in Mangaluru on Friday.
India’s drive towards green hydrogen can help create energy security for the country, apart from creating jobs and industries in the sector, according to Abhay Bhakre, Director General, Bureau of Energy Efficiency.
Speaking at the ‘MIR NetZero Vision 2047 Summit’, organized by Italy-based MIR Group in Mangaluru on Friday, Bakkar said green hydrogen is the best solution to reach net zero. Green hydrogen can replace many oil and gas-based fossil fuels.
Giving some examples, he said that experiments are underway to use green hydrogen in trucks and buses. These vehicles usually run on diesel. Efforts are continuing to convert green hydrogen into methanol for ship propulsion. About 60 ships operate on green fuel around the world, and India can produce such fuel in a very economical way.
He said the fertilizer sector, which uses carbon-intensive fuels such as natural gas and gray ammonia in production, could use green ammonia. Describing green ammonia as a net zero fuel, he said this would help in generating green fertilisers. Efforts are also being made to use green hydrogen in refineries for refining purposes.
“Green hydrogen is the next level of green fuel that can take India to net zero in most sectors where it is not possible using solar and wind energy,” he said.
Noting that a lot of investments are needed in this sector, he said that the green hydrogen sector will help create new job opportunities and new industries, and will help enhance the country’s energy security.
Pointing out that this is the way forward for India, he said the country certainly has good potential to lead in this sector.
Vision of Mir Group
Rafael Marrazzo, CEO of MIR Group, said the company has a clear vision for sustainable urban regeneration. This means decarbonising existing building stock, creating active buildings capable of producing more energy than they need, and buildings that are self-sufficient in terms of energy, water and waste management.
MIR Group is committed to reducing the planet’s environmental footprint by prioritizing renewable materials that are produced locally, reducing the use of plastic and using it only where it serves a specific purpose, and using renewable energy sources instead of fuels such as natural gas, coal and petroleum to heat and cool homes.
He said the group’s commitment is to make existing cities self-sufficient by producing energy locally and taking advantage of available resources such as sun, wind, water and land.
He said the company’s proposed plant in Mangalore Special Economic Zone Limited will be able to produce 1.5 million square meters of building integrated photovoltaic (BIPV) panels for facades and roofs every year.
Capt. Brijesh Chota, Member of Parliament for Dakshina Kannada, said MIR Group’s initiative to set up a manufacturing facility in Mangaluru shows the potential and potential of coastal Karnataka.
Posted on February 20, 2026
