India aims to bring the cost of green hydrogen to parity with grey this decade
FFI partners with Thermax on Indian green hydrogen
The two firms will also explore setting up domestic electrolyser manufacturing facilities
Australia’s Fortescue Future Industries (FFI) has signed a memorandum of understanding with Indian EPC firm Thermax to jointly explore the development of green hydrogen projects and component manufacturing facilities in India. The two firms note that India’s recently approved National Green Hydrogen Mission includes incentives for setting up new manufacturing capacity within the country, which could be used to meet both domestic and international electrolyser and subsystem demand. The government has budgeted $2.43bn towards accelerating the Indian hydrogen sector, with around $2.16bn allocated for domestic green hydrogen production and electrolyser manufacturing. To participate in competitiv
Also in this section
10 October 2024
The Gulf Energy Information Excellence Awards 2024 celebrated the industry's top innovators at a gala in Houston, recognising achievements in categories ranging from digital transformation to sustainability
9 October 2024
Danish government stresses support for hydrogen pipeline project despite slippage of three or four years in commissioning timetable
9 October 2024
Stringent upstream methane thresholds and ambiguity over compliance with state aid will leave developers struggling, says Hydrogen Europe
9 October 2024
Geopolitical shift is boosting investment case for renewable hydrogen production in the two regions
