Loading...
Loading...
ih2a-calls-on-the-government-of-india-to-support-hydrogen-developments
ih2a-calls-on-the-government-of-india-to-support-hydrogen-developments

IH2A calls on the Government of India to support hydrogen developments

A $1bn hydrogen economy development fund, a public-private hydrogen taskforce and the creation of 10 national BharatH2 clusters: That’s exactly what the Indian Hydrogen Alliance (IH2A) has asked the Government of India for budgetary support on as it looks to support a decarbonised future.

The industry body today (Jan 11) confirmed its government support request, having made submissions to the NITI Aayog, Ministry of New and Renewable Energy, Ministry of Finance, Ministry of Commerce, Ministry of Petroleum and Natural Gas, Ministry of Steel and the Ministry of Chemicals and Fertilizers.

With government support, the alliance hopes to boost India’s developing hydrogen economy to meet various decarbonisation targets. As a whole, IH2A estimates that India will need investments of approximately $25bn, from public and private sectors, to create a domestic hydrogen supply chain with national installed electrolyser capacity of 25GW.

... to continue reading you must be subscribed

Subscribe Today

To gain access to this article and all our other content, you will need to subscribe to H2 View.

From the latest print editions, to 24/7 online access to exclusive interviews, authoritative columnists and the H2 View news archive, a subscription is the best way for you to stay up to date with developments in the hydrogen community.

Please wait...