The shortage of petroleum products and environmental concerns has forced every nation to achieve a net-zero carbon emission economy. India is also in line to achieve a net-zero economy by 2070.
It is a subsidiary company of the Adani Group. ANIL is to invest over USD 50 billion in the next 10 years in the green hydrogen production ecosystem.
Adani New Industries Limited (ANIL)
RIL is to invest $75 billion in green hydrogen generation, solar panels, and other renewable energy sources. RIL aims to produce green hydrogen at $1 per kg.
Reliance Industries Limited (RIL)
It is a main infrastructure-building company aiming to be a big partner in the production of green hydrogen.
Larsen & Toubro Ltd (L & T)
India’s largest petroleum product marketing company. IOCL is targeting to achieve 10 % green hydrogen production by 2030.
Indian Oil Corporation (IOCL)
It is a subsidiary of National Thermal Power Corporation (NTPC) and aims to achieve energy from renewable sources.