India in talks to supply 10 million tonnes of green hydrogen to EU
NEW DELHI: India has hosted talks on a possible deal to supply 10 million metric tonnes of green hydrogen to the European Union, which in turn would invest in one such clean energy project in India, two government and one industry source told Reuters.
On Tuesday, Reuters reported India will consider bilateral agreements with countries to allow them to use carbon credits linked to the production green hydrogen, or hydrogen made using renewable energy, in India in exchange for investment and purchase deals.
Under the plan, EU businesses could invest in the projects in India and claim carbon credits, one of the officials, who attended a meeting that took place on Wednesday in New Delhi, said.
