Hyderabad-based Greenko group and Belgium-based John Cockeril recently announced that they would build a hydrogen electrolyser gigafactory targeting 2-gigawatt in India.
This would be the largest such facility outside of China. This partnership will reportedly entail an investment of about Rs 4,000 crore.
Analysts told Business Standard that Reliance Industries, Larsen & Toubro and Adani, together, have earmarked investments of close to Rs 6 trillion in green hydrogen projects.
Clearly, green hydrogen is powering the ambitions of India Inc. And, this push by major corporate names comes as the government, which launched a green hydrogen policy in February, bets big on the sector.
On 15th August last year, Prime Minister Narendra Modi announced the National Hydrogen Mission as a step towards environmental security…
Will India’s green hydrogen projects fuel its future needs?
