Renewable energy investments
India could be a global green energy superpower with exports of clean energy rising to $500 bn in 20 years, says Reliance Industries Chairman Mukesh Ambani. India should have a strategy to end dependence on fossil fuels in the next two to three decades, he said.
India is an attractive destination for renewable energy investments, the Reliance Industries Chairman said. Ambani has announced plans to invest $75 bn in renewables infrastructure like generation plants, solar panels and electrolyzers.
Green hydrogen policy
The government has unveiled a green hydrogen policy under which it seeks to manufacture five million tonnes of green hydrogen per annum by 2030. It aims to meet its climate targets and become a production and export hub for the fuel.
Green hydrogen is made from water and clean electricity and is seen as crucial for the world’s emissions reduction goals.
