India needs to form Green Hydrogen Corridors: NITI Aayog

Government think-tank NITI Aayog on Wednesday suggested a production-linked incentive (PLI) scheme for electrolyser and fuel cells, two crucial components for the development of the domestic green hydrogen industry. The cumulative value of the green hydrogen market in the country could be $8 billion by 2030 and $340 billion by 2050, it said.

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