During the first-ever India-Singapore Ministerial Roundtable, an Indian team met with Singapore’s deputy prime minister, Lawerence Wong, to discuss investment opportunities in India’s green energy industries (ISMR).
A roundtable discussion on renewable energy and green hydrogen in India was led by G20 Sherpa Amitabh Kant and Niti Ayog CEO Parmeswaran Iyer.
The delegates from both countries met in Singapore to discuss how they might better work together. To entice international investment in India’s renewable energy sector, the government is likely to propose green bonds and other novel types of financing.
The two nations will explore the possibility of creating a public-private cooperation to advance the green hydrogen sector.
As part of its new “green hydrogen strategy,” the government intends to issue a single, huge procurement in order to meet the high demand for green hydrogen from sectors such as fertilizers, steel, and refineries.