Government Incentives, Climate Goals Boost Green Hydrogen Deals In India Inc

Environmental News from India:

• The list of companies betting big on green hydrogen technology is growing fast, thanks to a green energy push by the Indian government.

India’s green hydrogen rush is attracting billions of dollars of commitment by companies in projects as the government’s green hydrogen policy aimed at boosting the production of green hydrogen and reducing the overall dependence on imported fossil fuels, unleashes a vast appetite for supporting a gas-based economy and contribute towards India’s vision for a greener, cleaner, carbon-neutral and self-reliant future.

The list of companies betting big on green hydrogen technology is growing fast. Reliance Industries will invest Rs 75,000 crore in renewable energy businesses, a significant chunk of which will be earmarked for manufacturing electrolyzers and hydrogen fuel cells.

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Source: Swarajya