India to seek bids to set up green hydrogen plants by May: Sources

India would by May request bids for subsidies for the establishment of green-hydrogen manufacturing and utilisation centres, fertiliser and steel facilities based on the fuel, and factories for making electrolysers, according to sources.

A $2 billion incentive programme to promote the use of green hydrogen in order to reduce emissions and make India a significant exporter in the sector is in its initial phase, and the bidding procedure is a component of it.

Green hydrogen is produced using renewable energy sources. The proposal calls for integrating it into urban gas supplies, boosting its use in transportation, and replacing hydrogen created with fossil fuels in the production of fertiliser and steel.

The Ministry of New and Renewable Energy did not respond to a query sent by Reuters.

Site Moved. Visit our New Website

We have moved this news site from this URL to https://www.newprojectstracker.com/capex-news .

Visit this site for regular updates

Buy Latest Research Reports

Related Posts