The European Investment Bank (EIB) has joined the India Hydrogen Alliance (IH2A) to bring industry, investors, and government agencies together on green hydrogen hubs and projects, with €1bn ($1.07bn) of indicative funding.
Subject to Indian Government and EIB approvals, the €1bn funding is set to be used to support large-scale green hydrogen hubs and projects across India.
Under a Memorandum of Understanding (MoU), the EIB is exploring a credit facility with the Indian Government to provide investments to critical public sectors supporting the development of the green hydrogen industry.
... to continue reading you must be subscribed
