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India targets Rs 10.6 trillion for green hydrogen and 135 GW of clean energy

Gujarat and Tamil Nadu will be crucial in this transition, contributing 43% and 24%, respectively, of the total renewable energy needed.Read more

MNRE issues green hydrogen rules for funding testing & certification facilities

Under the scheme, a total budgetary outlay of Rs 2 billion has been earmarked until the financial year 2025-26. Read more

BHEL & BARC to build electrolyser system for hydrogen energy production

The technology for hydrogen production is developed indigenously by BHEL and has high local material content.Read more

L&T Electrolysers and Matrix Gas win green hydrogen subsidies as Jindal India exits scheme

Jindal India failed to meet the February 3 deadlines for providing the necessary bank guarantees to formally enroll in the scheme, the source stated.Read more

Acme Group targets $300 mn equity raise for Green Hydrogen Ventures

The company, which recently sold 450-550 MW of power assets to BluPine for $180-200 million, is in the initial stages of appointing investment bankers for the equity funding process, conducted discreetly.Read more

9 firms secure incentives for 4.5 LT of Green Hydrogen Production in India

Reliance Green Hydrogen and Green Chemicals have been chosen to receive incentives for producing 90,000 tonnes of green hydrogen at a three-year average rate of Rs 18.9 per kg.Read more

Industry urges customs duty cuts for green hydrogen viability in India

Renewable energy devices such as solar modules face substantial customs duties and taxes upon import, rendering the establishment of Green Hydrogen facilities economically uncompetitive, according to experts.Read more

India’s RE sector receives FDI equity investment of $6.1 bn during Apr 2020 - Sept 2023

Under the extant Foreign Direct Investment (FDI) policy of the Government of India, FDI in renewable energy sector is permitted up to 100% under the automatic route.Read more

India considers Chinese imports for Green Hydrogen Boost

The Ministry of New and Renewable Energy (MNRE), a crucial player in the country's decarbonisation efforts, has suggested exemptions for green hydrogen developers.Read more

India navigates green steel transition amidst European scrutiny

This move is anticipated to impact Indian steel exporters, particularly those reliant on environmentally damaging coking coal for furnace operation.Read more

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