India is planning to export green hydrogen. “We are in a position to make green hydrogen as our main source of energy in the future,” Prabhat Kumar, an additional secretary of the external affairs ministry, said at an industry event.
Green hydrogen is made by breaking down water using electricity from renewable sources, which is considered cruc ..
India’s richest men Gautam Adani and Mukesh Ambani and Indian state energy giants have committed large investments in the green hydrogen value chain, responding to Prime Minister Narendra Modi’s ambition to make the country a global powerhouse in this area.
The Adani Group will invest $70 billion in the green transition and infrastructure projects, said chairman Gautam Adani one of the world’s richest man.
Mr: Andani said “reshaping India’s energy footprint in an extraordinary way” “The best evidence which showcased our confidence and belief in the future is our investment of $70 billion in facilitating India’s green transition. We are already one of the world’s largest developers of solar power. Our strength in renewables will empower us enormously in the effort to make green hydrogen the fuel of the future,”
The conglomerate led by Mukesh Ambani one of the world’s richest man, announced plans to invest $76 billion toward clean energy projects.
“We have a 15-year vision to build Reliance as one of the world’s leading New Energy and New Materials company.The New Energy business based on the principle of Carbon Recycle and Circular Economy is a multi-trillion opportunity for India and the world.
“It is also an opportunity to make clean and green energy abundantly available at an affordable price to every Indian, every Indian enterprise, and every Indian utility. More than a business, this is our seva to save Planet Earth from the ravages of climate change.” said Mukesh D. Ambani Chairman and Managing Director, RIL.
