Reliance Seeks New Technologies to Make Cheaper Green Hydrogen
- Company plans to bid for any government production incentives
- Purchase obligations needed to build green hydrogen market
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Reliance Industries Ltd., controlled by Indian billionaire Mukesh Ambani, is assessing new technologies for making electrolyzers in its efforts to produce low-cost green hydrogen in the country.
As part of the push, the company also plans to bid for any production-linked incentives the government may offer to encourage the technology, Kapil Maheshwari, president for new energy at Reliance, said at the BloombergNEF summit in New Delhi on Wednesday.