India Looks To Kickstart Hydrogen Production With $2 Billion Plan ...Middle East

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India Looks To Kickstart Hydrogen Production With $2 Billion Plan
source : OILPRICE ( Middle East ) () 65
The future of global hydrogen is looking brighter as India, this week, presented a $2 billion subsidy scheme to push domestic hydrogen fuels, and Rystad Energy foresees a 700% growth of global hydrogen pipelines by 2035. Without an increase in hydrogen transport infrastructure, most projects will still face an uphill battle.  The Indian government is implementing a $2 billion scheme to support green hydrogen fuel producers. As part of the plan, parties will receive a 10% incentive on their costs, awarded through a competitive bidding process.…

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