The head of INOX Air Products (INOXAP) has told H2 View green hydrogen subsidies would be most effective if they were offered to consumers.
“Nobody is thinking about the consumer,” Siddharth Jain, Managing Director of INOXAP, said. “If you find a buyer for any green product, you will find supply. The tough part is finding somebody willing to pay additional money compared to grey hydrogen.”
It comes after the Indian Government set out to achieve its 2030 Green Hydrogen Mission goal of producing five million tonnes of green hydrogen. Under its plans, subsidies to waive electrical grid transmission charges for 25 years have been made available. At a state level, further subsidies have been offered for capital investments.
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