India is scheduled to host a two-day summit on green hydrogen, with countries like Brazil, Russia, China and South Africa set to take part in it.
However, challenges lie in terms of technology, efficiency, financial viability and scaling up which the summit will aim to address,” NTPC said.
India also plans to extend the production-linked incentive scheme for manufacturing electrolyzers, which are used for producing green hydrogen.
“Green chemicals like ammonia and methanol can directly be utilized in existing applications like fertilizers, mobility, power, chemicals, shipping etc.