India negotiates to supply green hydrogen to EU, Singapore
July 6, 2023 | Juan Pedro Tomas
In India, Reuters reported that India has discussed a possible deal to supply more than 11 million metric tons a year of green hydrogen to the European Union and Singapore, who in turn would invest in these Indian clean energy projects.
According to the report, the Indian government will consider bilateral agreements which would allow countries to use carbon credits linked to producing so-called green hydrogen.
The report also showed that India and the EU explored green hydrogen agreements for 10 million metric tons per annum under which businesses in the bloc could invest in projects in India and claim carbon credits.
Meanwhile, Singapore is looking to get 5 million metric tons per annum of green ammonia through similar bilateral agreements, the report added.
