Instruments & Regulations

EIB commits 1-bn-euro funding for large-scale green hydrogen projects in India

Priti Dubey

Notable because

Green hydrogen production requires large capital investments and policy support to transform India into a global hub. Funding for large-scale green hydrogen projects is at a nascent stage, and the European Investment Bank’s (EIB) funding support can help lower the risk perception among investors, thereby expediting the decarbonisation of the economy.

What to look out for in the months ahead

What will be the eligibility criteria for large-scale hydrogen projects for receiving this funding?

What will be the cost of borrowing under the separate credit facility that aims to commercialise upcoming green hydrogen technologies?