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Government Launches Rs 200 Crore Initiative for Green Hydrogen Valleys Across Four States
2024-07-30
The Indian government has approved a Rs 200 crore fund to establish green hydrogen
valley projects in Kerala, Pune, Bhubaneshwar, and Jodhpur. These initiatives aim to produce
hydrogen using innovative methods like electrolysis and biomass, targeting sectors such as
steel, mobility, fine chemicals, and city-gas production. Managed by a new Section 8
company, these projects will scale up to commercial levels, demonstrating India's
commitment to decarbonization and leveraging renewable energy effectively.