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Industrial Decarbonisation
VOC Port Allots Land to ACME for Rs 52,474 Cr Green Hydrogen Plant
Arjun Dutt's Insight
Notable Because

India’s National Green Hydrogen Mission envisions the development of India as a global hub for the production and export of green hydrogen. This represents the first occasion when a port has allocated land for this purpose. Projects primarily targeting export markets would be well suited for international debt financing.

What to look out for in the months ahead

What will be the share of international versus domestic off-takers for the green hydrogen produced? Would certain geographies dominate the international demand? Will the project be able to secure international debt financing?