India is planning a massive expansion of green hydrogen production to curb its dependence on energy imports and to wean the economy off fossil fuels to meet climate targets.New Delhi is aiming for an annual production capacity of 25 million tons by 2047, according to people familiar with the plans who didn’t want to be named as the information is not yet public. However, the number could change going forward, depending on technology and the country’s demand outlook, they said. Media officials at the power and renewable energy ministries didn’t immediately respond to emailed requests for comment.Green hydrogen is widely expected to play a major role in decarbonizing heavy industries, including oil refineries, steel mills and fertilizer plants. India’s current output of the fuel is very low and comes from a handful of pilot projects. While green hydrogen is regarded as a…
India plans to become green hydrogen giant to cut energy imports, CFO News, ETCFO
