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October 23,2024

Karnataka plans to increase Green Hydrogen investment

Karnataka has announced the need for a policy to capitalize the opportunities for investment and production requiring Rs 45-50 Cr and 5 GW of power to boost projects in the state. The state is planning to develop Green Ammonia and Hydrogen production units near the Mangaluru port. A MoU worth Rs 45000 Cr has also been signed by Avaada Energy with the state of Karnataka for Green H2 production.

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