The EU has courted India as a potential hydrogen exporter
EIB backs Indian green hydrogen
The EU’s lending arm plans to increase support for hubs and projects across India with indicative funding of €1bn
The EU’s European Investment Bank (EIB) plans to increase support for green hydrogen hubs and projects across India, indicating funding of €1bn ($1.08bn) pending approval. The bank is exploring a credit facility with the Indian government to provide public sector investment toward the hydrogen sector’s development. India last month unveiled a national green hydrogen strategy focused on decarbonising its 5mn t/yr of grey hydrogen consumption by 2030 and potentially cornering 10pc of a globally traded market by that decade. The country has also been courted by the EU as a potential hydrogen export partner—although the government’s renewables minister has stressed the majority of India’s hydrog
Also in this section
10 December 2025
Project developer Meld Energy ready to accelerate 100MW project in Humber region after securing investment from energy transition arm of private equity firm Schroders Capital
9 December 2025
BP and Engie abandon large-scale green hydrogen projects in Gulf state as developers in all regions continue to struggle with lack of firm offtake
5 December 2025
European Commission highlights rapid growth of Chinese production this year, as it retains strict procurement rules in latest European Hydrogen Bank subsidy auction
2 December 2025
Oil major cites deteriorating demand and a planning debacle as it abandons one of UK’s largest blue hydrogen projects
