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YCA and Greenko ZeroC, AM Green's ammonia production subsidiary, have signed a term contract for the delivery of renewable ammonia.

These 4 Indian green hydrogen companies are gearing up to capitalise on the PLI scheme

As many as 12 companies’ bids qualified for incentives to set up production facilities of 5,49,500 tonnes of green hydrogen against the offered capacity of 4,50,000 tonnes

Get latest articles and stories on Latest News at LatestLY. Reliance Green Hydrogen and Green Chemicals, ACME Cleantech Solutions, and Greenko Zero are among the nine firms that have emerged as successful bidders for government's incentives for setting up facilities to produce up to 4.50 lakh tonnes of green hydrogen. Latest News | Reliance, ACME, Seven Others Selected for Govt Sops to Set Up Green Hydrogen Production Facilities.

As many as 12 companies bids were qualified for incentives to set up production facilities of 5,49,500 tonnes of green hydrogen, against the offered capacity of 4,50,000 tonnes.

As many as 12 companies bids were qualified for incentives to set up production facilities of 5,49,500 tonnes of green hydrogen, against the offered capacity of 4,50,000 tonnes.

The bidding was on the least incentive demanded over three years through a competitive selection process by the Solar Energy Corporation of India. The financial bids were opened on Tuesday.

Fourteen companies, including major players like Reliance Industries and JSW Energy, vie for incentives under India's Green Hydrogen

A total of 34 companies have submitted bids for projects to be developed under the Government of India’s Green Hydrogen Mission.

This is in line with Indias ambitious target of having 500 GW of renewable energy by 2030 and its resolve to reduce overall power generation capacity from fossil fuels to less than 50 per cent. India has committed a net zero emission target by 2070.