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India in talks to supply 10 million tonnes of green hydrogen to EU: Report
India has hosted talks on a possible deal to supply 10 million metric tonnes of green hydrogen to the European Union (EU), which in turn would invest in one such clean energy project in India, sources told news agency Reuters. According to an earlier report, 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, according to one of the officials, who attended a meeting that took place on Wednesday in New Delhi. The meeting was attended by officials from EU governments and Indian renewable companies, including Avaada Group, Renew Power and ACME Group.
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