HomeNews listOBJECTIVE PRESSIndia Looks To Kickstart Hydrogen Production With $2 Billion Plan

India Looks To Kickstart Hydrogen Production With $2 Billion Plan

  • April 9, 2023
  • Posted by: AliensFaith
  • Category: OBJECTIVE PRESS
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The future of global hydrogen is looking brighter as India, this week, presented a $2 billion subsidy scheme to push domestic hydrogen fuels, and Rystad Energy foresees a 700% growth of global hydrogen pipelines by 2035. Without an increase in hydrogen transport infrastructure, most projects will still face an uphill battle.  The Indian government is implementing a $2 billion scheme to support green hydrogen fuel producers. As part of the plan, parties will receive a 10% incentive on their costs, awarded through a competitive bidding process.…      



Author: AliensFaith
HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.

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