DELHI, India, Jan 18 (Bernama-BUSINESS WIRE) — With India’s reliance on imported crude oil, opportunities exist to plan for and grow the use of green hydrogen as a zero-emissions fuel source for the country’s transport sector, including commercial fleets and aviation.
“The commercial credibility of hydrogen development is absolutely key, particularly around securing viable off-takers for the product. There are a few emerging business models that are being studied and developed more closely in India, for domestic consumption and export. This includes the use of hydrogen for transport fleets, the use of hydrogen derivatives as an aviation fuel and the production of green ammonia,” said Ruturaj Govilkar, Country Manager and Managing Director, India, Black & Veatch.