The Adani group is reportedly looking to raise up to $4 billion to fund its green hydrogen projects

The Adani group is reportedly looking to raise up to $4 billion to fund its green hydrogen projects.

Green hydrogen is obtained by splitting the water molecule using solar power, unlike conventional hydrogen which has fossil fuels as the power source.

A Bloomberg report said that Adani New Industries Ltd (ANIL), a wholly-owned subsidiary of flagship Adani Enterprises Ltd, will take the lead in raising the funds from both domestic and international banks.

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