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Corporates hopeful for green hydrogen; may pump Rs 16 trillion in 10 years

Industry experts have said that it will take a combination of technological advancements and regulatory support to boost the cost-effectiveness and viability of green hydrogen in the country

The world’s third-largest carbon emitter put out a roadmap in February to become a hub for the production and export of green hydrogen -- made from water and renewable electricity. (Photo: Bloomberg)
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The world’s third-largest carbon emitter put out a roadmap in February to become a hub for the production and export of green hydrogen -- made from water and renewable electricity. (Photo: Bloomberg)

BS Web Team New Delhi
Green hydrogen has emerged as one of the most popular alternative energy sources. It is expected to attract an investment of up to Rs 16 trillion in the coming decade, according to a report published in Financial Express (FE). However, the rising cost of production could dampen the prospects for investments, the report cautioned.
 

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First Published: Mar 17 2023 | 1:40 PM IST

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