Gujarat’s green hydrogen projects to gain from NDB’s Climate Mitigation Fund

AHMEDABAD: The ambitious big-ticket investments by key corporates in Gujarat in the green hydrogen sector are all set to gain big through the lending from New Development Bank (NDB). Since green infrastructure, green energy and climate mitigation projects are the NDB’s targets of investments in India, green hydrogen projects are expected to be co-financed by the bank, according to Leslie Maasdorp, vice president and chief financial officer, NDB. He is in Gujarat to attend the G20 Finance and Central Bank Deputies (FCBD) Meetings, being held at Mahatma Mandir in Gandhinagar from July 14-18.