In the fourth quarter of 2024, India's green hydrogen market saw significant growth with the issuance of three major tenders by MECON Limited, HPCL, and Powergrid Corporation of India. Additionally SECI received bids from 14 players with a cumulative capacity of 626,500 MT per annum. Waaree Energies also announced an investment of INR 200 crore to set up a 300 MW electrolyser manufacturing plant under the Production Linked Incentive scheme.
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