Davos, Jan. 18 -- Union Minister for petroleum and natural gas, and housing and urban affairs Hardeep Singh Puri has said that India has a cost advantage in production of green energy and electrolysers.

"In the Indian energy story, the thing that stands out is that in the next 20 years, 25% of the increase in global demand is going to come from India," said Puri at the CII-Bain session on 'Green Hydrogen Opportunity in India' at Davos 2024.

"If you look at the costs, the India advantage is that we are able to significantly reduce the cost of production of green solar energy and electrolyzers" he added.

Among other speakers at the session were Sumant Sinha, Founder, Chairman and CEO, ReNew, Jorgen Sandstrom, Head, Transforming Industria...