The billionaire Gautam Adani’s company hopes to sell out sectors like hydrogen, airports, and data centers between 2025 and 2028 if they satisfy certain investment requirements, according to Chief Financial Officer Jugeshinder Singh.
Browsing: Asia
India’s National Green Hydrogen Mission, a $2.4Bn incentive scheme, approved green hydrogen proposals last.
By 2035, Gujarat, an Indian state, wants to have installed a manufacturing capacity for green hydrogen of about 8 mtpa.
For initiatives involving renewable energy, storage, and green hydrogen, the state government of Rajasthan has signed Memorandums of Understanding (MoU) with a number of private sector and state-owned businesses. A total of at least $14.85 billion in investments were made by these companies.
The Indian government intends to expand export benefits under the Remission of Duties and Taxes on Export Products (RoDTEP) policy to local green hydrogen fuel manufacturers in an effort to become a major provider of clean fuel, according to Reuters.
Shipping has been selected as a sector for pilot projects under India’s recently created National Green Hydrogen Mission (NGHM), with New Delhi allocating an initial $2.5 million for a range of trailblazing initiatives that will include a look at the steel sector.
In order to power vehicles that bring items to convenience stores, Toyota Motor Corp. said that it will collaborate with a Thai company to manufacture hydrogen made from farm animal waste.
India’s Adani Enterprises (AEL) and Ashok Leyland and Ballard Power have entered into a contract to start a pilot project to create a hydrogen fuel cell electric truck (FCET) for the logistics and transportation of mining equipment.
In order to take the initiative in creating a hydrogen mobility industry ecosystem, the Korea Automotive Research Institute is collaborating with the Abu Dhabi Transportation Authority (DMT) in the United Arab Emirates.
In accordance with Prime Minister Narendra Modi’s “One Sun, One World, One Grid” program, India and the UAE have come to an agreement on the production of green hydrogen and the laying of an undersea cable linking India and the UAE.
