India, Feb. 3 -- The Government of India is accelerating efforts to position the country as a global hub for the production, usage and export of green hydrogen and its derivatives under the National Green Hydrogen Mission. The mission targets a green hydrogen production capacity of 5 million metric tonnes per annum by 2030, backed by a series of financial incentives and policy reforms aimed at lowering production costs and ensuring stable demand.
To strengthen domestic manufacturing, the government has awarded incentives for electrolyser production capacity of 3,000 MW per annum to 15 companies, with total support amounting to ?4,440 crore. In parallel, 18 companies have secured incentives to produce 8.62 lakh tonnes of green hydrogen annu...