Bengaluru-headquartered Ayana Renewable Pvt. Ltd. and Greenstat Hydrogen India Pvt. Ltd. have entered into an agreement for development of Green Hydrogen projects in India.
These projects will cater to generation and supply of Green Hydrogen to industries and commercial buyers in the country. The companies will collaborate to set up a pilot Green Hydrogen project in Karnataka.
Earlier in February 2022, the Union Government came up with its Green Hydrogen / Green Ammonia Policy which offered several incentives to Green Hydrogen and Green Ammonia producers.