Author: Anela Dokso

India Targets Global Market for Green Hydrogen

India’s ambitious green hydrogen and ammonia developers are setting their sights on markets in Japan and South Korea. Despite India’s efforts to become a global leader in renewable energy, its domestic market for green hydrogen has not yet matured. This has led developers to seek international partnerships for offtake contracts. Prashant Vasisht, senior vice-president at ICRA, pointed out that securing contracts with Japan and South Korea could lead to projects worth several thousand crores. He anticipates that by 2025, large developers hope to finalize these agreements, potentially triggering significant investments in the green hydrogen and ammonia sectors. Sanjay Gupta, CEO…

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