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India Eyes Incentives to Boost Green Hydrogen, Ammonia – ET

Some of the measures, including incentives for exports, are likely to be incorporated in the National Green Hydrogen Mission


India's Adani Group and France TotalEnergies plan to invest $50 billion over the next 10 years to produce green hydrogen in India.
In the initial phase, Adani New Industries will develop a green hydrogen production capacity of 1 million tonnes per annum by 2030. Photo: Reuters.

 

India is likely to offer incentives similar to those available under its production linked incentive schemes to boost domestic production and export of green hydrogen or ammonia, The Economic Times reported.

Some of these measures, including incentives for exports, could be incorporated in the National Green Hydrogen Mission.

 

Read the full report: The Economic Times.

 

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Sean O'Meara

Sean O'Meara is an Editor at Asia Financial. He has been a newspaper man for more than 30 years, working at local, regional and national titles in the UK as a writer, sub-editor, page designer and print editor. A football, cricket and rugby fan, he has a particular interest in sports finance.

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