India’s second green hydrogen auction has received 14 bids to receive government funding for a combined 626,500 tonnes per year, despite being capped at 450,000.
Tranche-II of the nation’s Incentive Scheme for Green Hydrogen Production will offer producers a three-year incentive with caps set at $0.61/kg in the first year, $0.49/kg in the second and $0.37/kg in the third.
Read more:India launches second green hydrogen subsidy round: targets 450,000 tonnes per year
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