VOC Port Allots Land to ACME for Rs 52,474 Cr Green Hydrogen Plant

India’s National Green Hydrogen Mission envisions the development of India as a global hub for the production and export of green hydrogen. This represents the first occasion when a port has allocated land for this purpose. Projects primarily targeting export markets would be well suited for international debt financing.

What will be the share of international versus domestic off-takers for the green hydrogen produced? Would certain geographies dominate the international demand? Will the project be able to secure international debt financing?