The approved product has an estimated market size of around $ 34.4 million for the twelve months ending May 2023, according to IQVIA. Bharat Heavy Electricals Ltd and Greensat Hydrogen India Pvt. Ltd. have signed an MoU for “Potential Collaboration Opportunities in Green Hydrogen and Derivatives in the Hydrogen Value Chain”. This MoU will pave the way for collaboration in Hydrogen Value Chain, contributing towards ‘National Hydrogen Mission’ of the Government of India, making India ‘Atmanirbhar’. of India today elevated Oil India Limited (OIL), India’s National Exploration & Production Major to MAHARATNA category.

Source: The Hindu August 07, 2023 13:10 UTC