Germany and India have agreed to encourage private-sector investment and promote green hydrogen trade and export under a new five-year strategy.
The Indo-German Green Hydrogen Roadmap was announced during the 7th Inter-Governmental Consultations (IGC) in New Delhi, attended by German Chancellor, Olaf Scholz, and Indian Prime Minister Narendra Modi.
Specifically, the roadmap is expected to promote private-sector investments and intensify information exchange, particularly in hard-to-decarbonise sectors and create policies to encourage the production, trade, export and use of green hydrogen.
Furthermore, the collaboration is likely to support Germany’s hydrogen import goal.
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