In the interim Budget 2024, the government allocated Rs 600 crore to the National Green Hydrogen Mission, more than double the last year s Rs 297 crore.
Recognized for its versatility and potential as a clean energy carrier, hydrogen is poised to address the energy requirements of various sectors, including heavy industry, transportation, and power generation.
Construction equipment manufacturer JCB says the company expects double digit volume growth from its India segment in fiscal 2024-25, despite the expected pause in construction works due to the upcoming Parliament elections. The company, which expects to close this year with 25% volume growth, debuted a hydrogen engine technology at construction equipment trade fair Excon in Bengaluru last week.