Key insights
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1
Green Hydrogen Target Delayed: India's green hydrogen target may shift to FY32 due to policy issues.
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2
3 Million Tonnes by FY30: The government expects to achieve 3 million tonnes of capacity by FY30.
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3
Shipping Industry Demand: Next tenders will focus on green methanol for shipping companies.
Takeaways
The delay in India's green hydrogen target highlights the impact of global policy uncertainties on renewable energy initiatives. While some companies continue to invest, the overall timeline for achieving significant capacity has been pushed back.