India wants to become a global hub for the production of green hydrogen, manufactured by splitting water molecules using renewable energy. It is an ambitious plan for a country whose hydrogen consumed currently is produced mostly with fossil fuels.
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Five states including industrialised ones like Maharashtra and Gujarat have announced benefits like concessional electricity and duty-reimbursements on production of green hydrogen and its derivatives.Green hydrogen is currently more expensive to produce than hydrogen made using fossil fuels, costing about $2 more per kilogram.
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