IEA Predicts Rise in India’s Natural Gas Demand by 6 Percent in 2024

iea

The International Energy Agency released the quarterly edition of the Gas Market Report providing a thorough review of market developments in 2023 and a short-term outlook for 2024. The report stated following a year-on-year decline of 7 percent observed in 2022, India’s primary gas supply rose by 5 percent in 2023. Jan 28, 2024  India’s […]

India’s Green Hydrogen Ambitions Could Backfire Without Robust Carbon Accounting

green hydrogen

India has set aside over INR 19,000 crores to establish itself as a global leader in the production, utilization, and export of green hydrogen. According to Climate Risk Horizons, without stringent regulations, India’s green hydrogen endeavors could inadvertently elevate the country’s carbon footprint and contribute to environmental degradation. Nov 01, 2023 India is rapidly scaling […]

Green Hydrogen Mandates Target Hard-to-Abate Sectors for Cabinet Review

green hydrogen

A proposal to mandate hard-to-abate sectors is soon going to be tabled before the Union cabinet. The government aims to achieve a production of at least 5 million tonnes per annum of green hydrogen by 2030.  Aug 24, 2023 Mr. RK Singh, India’s minister for power and new and renewable energy, said, “A proposal to […]

Adani Group Seeking to Raise USD 4 Billion to Fund Green Hydrogen Plans

adani

According to reports, Adani Group is looking to raise as much as USD 4 billion to help develop manufacturing plants that would produce low-cost green hydrogen. Oct 26, 2023 According to reports, Adani Group is seeking to raise as much as USD 4 billion to fund its green hydrogen plans. In early-stage discussions with several […]

NGEL & VOCPA to Develop Green Hydrogen Hub in Tamil Nadu

NGEL

NTPC Green Energy Limited and V O Chidambaranar Port Authority signed an MoU to develop a green hydrogen hub at Tuticorin in Tamil Nadu. Sep 8, 2023 A Memorandum of Understanding (MoU) has been signed between NTPC Green Energy Limited (NGEL) and V O Chidambaranar Port Authority (VOCPA) to develop a green hydrogen hub at […]

Hydreen to Invest USD 2 Billion in India’s Green HydrogenMarket

row wind

Hydreen, a subsidiary of Luxembourg-based cruise liners firm HLC Holdings, has announced an investment of USD 2 billion in India’s green hydrogen market which will help India transition to a low-carbon economy. Aug 9, 2023 Hydreen, a subsidiary of Luxembourg-based cruise liners firm HLC Holdings, has announced an investment of USD 2 billion for the […]

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