India to supply 11MMT green hydrogen to EU, Singapore

11 Jul 2023 CW Team

India has considered the possibility of supplying more than 11 million metric tons of green hydrogen per year to the European Union and Singapore, who would then invest in these Indian clean energy projects.

New Delhi is considering bilateral agreements that would allow countries to use carbon credits associated with the production of green hydrogen, which is produced using renewable energy.

India and the EU discussed green hydrogen agreements for 10 million metric tons per year, under which corporations in the EU might invest in Indian projects and collect carbon credits.

Singapore hopes to obtain 5 million metric tons of green ammonia per year through similar bilateral partnerships, which is equivalent to another 1-1.5 million metric tons of green hydrogen per year.

Green ammonia, which is commonly used to carry fuel, is a green hydrogen derivative.

Indian renewable enterprises such as Avaada Group, Renew Power (RENE.BO), and ACME Group attended meetings organized by the Indian government.

"The bilateral agreements being discussed with the EU and Singapore present a significant business opportunity for Indian Green Hydrogen manufacturers," Avaada Chairman Vineet Mittal said.

Reliance Industries (RELI.NS), Indian Oil (IOC.NS), and Adani Enterprises (ADEL.NS) all have major aspirations for green hydrogen.

Countries all across the world are looking to hydrogen to accelerate the transition away from fossil fuels in order to combat global warming.

Last year, India attempted to advance its ambitions to become a major green hydrogen exporter by approving a Rs 174.9 billion rupee ($2.13 billion) incentive plan with a target of producing 5 million tonnes of green hydrogen by 2030.

Real Estate

14 May 2026

AIDO Launches Smart Hotel Lock for Hospitality Spaces

AIDO, an endorsed brand of dormakaba, has launched the AIDO Hotel Lock, designed to improve secure and seamless access management across hotels, serviced residences and institutional spaces. The solution combines smart security, operational efficiency and contemporary design to support modern hospitality requirements.The lock features integrated electronic mortise functionality, reverse lifting handle locking and compatibility with third-party property management system platforms, enabling smoother room access and check-in operations. Powered by 6V DC with four AA alkaline batteries, it offers..

Häfele Unveils Zenith Digital Lock

Häfele has introduced the Zenith Digital Lock, designed to enhance home security through smart technologies and versatile locking functions. Finished in Black and Grey, the lock blends with modern interiors while offering a refined, tech-enabled access experience.The lock features Smart Password technology for secure access and added protection against password tracing. Its Smart Voice function provides guided assistance for easy operation, while Smart Freeze temporarily disables access after multiple incorrect attempts, strengthening safety and control.The Zenith Digital Lock also offers mul..

KBL Revenue Rises 11 Per Cent in Q4 FY26

Kirloskar Brothers Limited reported consolidated revenue from operations of Rs 14.15 billion for Q4 FY26, compared to Rs 12.81 billion in Q4 FY25, registering around 11 per cent year-on-year growth. Consolidated Profit Before Tax stood at Rs 1.47 billion, against Rs 1.27 billion in the corresponding quarter last year. Profit After Tax stood at Rs 1.04 billion, compared to Rs 1.12 billion in Q4 FY25.For FY26, consolidated revenue from operations stood at Rs 45.38 billion, compared to Rs 44.92 billion in FY25. Consolidated Profit After Tax for the year was Rs 3.61 billion, against Rs 4.03 billio..