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
19 December 2024
More must be done to lower the cost of green hydrogen and its derivatives
18 December 2024
Central Asian country’s vast wind and solar resources have attracted a $50b electrolytic hydrogen mega-project aimed at exporting to Europe
17 December 2024
Sultanate prepares to offer international hydrogen project developers more land concessions but refines auction design as global industry sentiment cools
17 December 2024
Siemens Energy and Air Liquide collaborate on first commercial-scale electrolyser to be deployed at an industrial site in Europe
