Narendra Modi, now India’s prime minister and then-chief minister of Gujarat state, embraces Mukesh Ambani in 2013. Photo: AFP
Narendra Modi, now India’s prime minister and then-chief minister of Gujarat state, embraces Mukesh Ambani in 2013. Photo: AFP
India

Mukesh Ambani’s US$75 billion plan to turn India into a hydrogen hub

  • Asia’s richest man is likely to opt for hydrogen in a bid to avoid India’s wholesale electricity market, analysts say
  • Ambani has vowed to produce green hydrogen at US$1 per kilogram, a more than 60 per cent reduction from today’s costs

Narendra Modi, now India’s prime minister and then-chief minister of Gujarat state, embraces Mukesh Ambani in 2013. Photo: AFP
Narendra Modi, now India’s prime minister and then-chief minister of Gujarat state, embraces Mukesh Ambani in 2013. Photo: AFP
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