Global private equity investor Actis is actively considering investing in the green hydrogen segment in India, said Sanjiv Aggarwal, Sanjiv Aggarwal, Partner, Energy Infrastructure at Actis.
“We are studying the sector very carefully. Its an area which we are very actively considering investing in not only in India, but also in other markets,” said Aggarwal.
Green hydrogen is produced by splitting water into hydrogen and oxygen using electrolyzers. Over the past few months, several Indian companies including Reliance Industries, Renew Power, Indian Oil Corporation, Adani Group, and Greenko Group have announced plans in this segment.
Actis which last month sold its renewable energy platform Sprng Energy to Shell Overseas Investment BV, for Rs 11,900 crore has also incorporated Blupine Energy Pvt Ltd, under which it is targeting $800 million to $1 billion of investments to develop…