Why Ambanis, Tatas, Mahindras need to work together for India s new Hydrogen Mission
National Hydrogen Mission: Countries including Germany are already using a coalition that aims to put up 400 hydrogen fueling stations by 2023
BusinessToday.In | February 5, 2021 | Updated 15:34 IST
National Hydrogen Mission: Is a coalition possible?
In her Budget 2021 speech, Finance Minister Nirmala Sitharaman announced the National Hydrogen Mission that will capitalise on one of the most abundant elements on earth. The green energy source could also bring together bigwigs like Ambani, Tata, and Mahindra and some of the biggest companies in India, including Reliance Industries as well as Indian Oil Corporation.
Budget 2021-22 on February 1.
According to Gateway House fellow Chaitanya Giri, the new initiative will benefit domestic companies like Reliance, Tatas, Mahindra & Mahindra, and Indian Oil.
He proposes setting up a coalition with companies can help each other and also help India diversify its clean energy options.India is planning to capitalise on one of the most abundant elements on earth hydrogen. Finance Minister Nirmala Sitharman announced the National
Hydrogen Mission during the Budget 2021-22 to gain from this universally-available element.
The green energy source could also bring together some of India’s biggest companies like Reliance, Tatas, Mahindras, and Indian Oil, according to Chaitanya Giri a fellow of space and ocean studies with the Mumbai-based think tank Gateway House who wrote a paper on the