IOC, L&T, ReNew tie up for green hydrogen biz
Business Standard|April 05, 2022
State-run Indian Oil Corporation (IOC), engineering and construction major Larsen & Toubro (L&T), and renewable energy player ReNew Power have announced a joint venture (JV) company to develop the nascent green hydrogen sector in India.
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IOC, L&T, ReNew tie up for green hydrogen biz

India plans to produce 5 million tonnes of green hydrogen by 2030. In February, the government launched the country's first green hydrogen policy as part of its energy transition plan.

Mukesh Ambani's Reliance Industries recently announced setting up a facility to produce green hydrogen. Adani Enterprises also announced a new company Adani Petrochemicals — to venture into green fuels.

This story is from the April 05, 2022 edition of Business Standard.

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This story is from the April 05, 2022 edition of Business Standard.

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