DeepDive: India’s green hydrogen journey starts at Rs 397 per kg

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Mumbai: India’s recent green hydrogen price discovery through Indian Oil Corporation’s (IOCL) landmark tender has drawn mixed reactions from industry experts, reflecting both optimism about market potential and concerns over long-term competitiveness.

The final price — Rs 397/kg which is about $4.67/kg — discovered in the reverse auction process is being seen as a turning point for India’s emerging green hydrogen sector.

India’s bid seen as globally competitive

According to Ravi Shekhar, managing director of Eninrac Consulting, L&T’s…



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DeepDive: India’s green hydrogen journey starts at Rs 397 per kg


Mumbai: India’s recent green hydrogen price discovery through Indian Oil Corporation’s (IOCL) landmark tender has drawn mixed reactions from industry experts, reflecting both optimism about market potential and concerns over long-term competitiveness.

The final price — Rs 397/kg which is about $4.67/kg — discovered in the reverse auction process is being seen as a turning point for India’s emerging green hydrogen sector.

India’s bid seen as globally competitive

According to Ravi Shekhar, managing director of Eninrac Consulting, L&T’s…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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