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29 Dec
11:23

India mulls $2.17 billion incentive for green hydrogen

India could announce in February an INR 180 billion ($2.17 billion) incentive to green hydrogen development in the country over the next five years. Citing three unnamed sources, including a government official, Reuters reports that the aid proposal seeks to reduce green hydrogen production costs in India by around 20% and unlock INR 8 trillion in private investment by 2030. The proposal, likely to be called Strategic Intervention for Green Hydrogen Transiti…
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