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Mumbai: India’s recent green hydrogen price discovery through Indian Oil Corporation’s (IOCL) landmark tender has drawn mixed reactions from industry experts, reflecting both optimism about market potential and concerns over long-term competitiveness.
The final price — Rs 397/kg which is about $4.67/kg — discovered in the reverse auction process is being seen as a turning point for India’s emerging green hydrogen sector.
India’s bid seen as globally competitive
According to Ravi Shekhar, managing director of Eninrac Consulting, L&T’s…
