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India set to spend $2 bn on green hydrogen projects | DW News
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January 5, 2023
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January 5, 2023
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3:26Now PlayingIndia is set to spend 2 billion dollars to develop green hydrogen. The country wants to cut emissions and become a major exporter in the field. Currently, India is one of the world's biggest greenhouse gas emitters but is aiming to achieve net-zero carbon emissions by 2070. By the end of this decade, India wants to produce 5 million tonnes of green hydrogen per year, and become a major hub for the resource, supplying ten percent of global demand. The government hopes the plan will attract private money too. It's forecast that total investment could reach almost 100 billion dollars by 2030.
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