Green hydrogen (GH2) and green ammonia segments are estimated to drive investments of $125 billion (about ₹10.43 lakh crore) in India by 2030, according to a report by investment banking firm Avendus Capital. The growth is fuelled by sustainability focus, commercial viability, regulatory push, electrolysis of water, and steel industry off-take contracts. The report, titled 'Green Hydrogen, The Next Frontier In Energy Transition', said the growth would be driven by an increasing focus on sustainability, demonstrated commercial viability, ever-expanding use cases and a strong regulatory push.
Source: https://economictimes.indiatimes.com/