Business
September 11, 2023
3 min

Major Indian ports attract over 20 firms for green hydrogen projects worth billions - BusinessLine

India's Ministry of Ports, Shipping and Waterways has received over 20 expressions of interest (EoIs) from firms interested in participating in green hydrogen projects at three major ports. The ports will follow a landlord model, with port authorities owning the land and private companies developing common infrastructure. Around 26,000 acres of land will be earmarked for green hydrogen projects at Kandla's Deendayal Port, with over ₹700 crore ($93 million) expected to be invested. The Ministry aims to set up green hydrogen bunkering and refuelling facilities at all 12 major ports by 2035.

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Adhikansh Gupta
Content Manager

Writer and editor who covers the latest trends and innovations in the software-as-a-service (SaaS) industry