The India Hydrogen Alliance Submits $5bn National Green Hydrogen Hub Plan to Government
The India Hydrogen Alliance (IH2A) has submitted a National Green Hydrogen Hub Economic Viability and Development Plan to the government, with potential to create five large National Green Hydrogen Corporations collectively worth $5bn by 2030.
The public-private plan seeks public finance support for green hydrogen production and off take to create the necessary infrastructure in the initial 2024-2030 period, and publicly list the national hydrogen corporations created as a result to fund the next wave of investments to scale up the hydrogen economy. India is targeting 5 million tones of green hydrogen production by 2030.
The National Green Hydrogen Hub Economic Viability and Development Plan were submitted by IH2A to the Prime Minister’s Office (PMO), Cabinet Secretariat and Ministr...