03 July 2023 | BRIDGE TO INDIA
MNRE has released details of first tranche of the subsidy scheme for green hydrogen production. Total funding support of up to INR 54 billion (USD 659 million) will be offered to annual production capacity of 450,000 metric tonnes (MT), 9% of 2030 target. Subsidy will be capped at INR 50, 40 …
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India’s coastline offers over 140 GW offshore wind potential, particularly in Gujarat and Tamil Nadu. To harness this, the government approved INR 74.53 billion to support 1 GW of capacity and port upgrades, taking first steps to kick off the space and reduce costs.
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This report provides an update on key trends and developments in the corporate renewable market including capacity addition, key players, policy & regulatory issuance, financing, PPA tariffs and other market trends.
