India and Germany sign joint declaration of Intent on Indo-German Hydrogen Task Force

India and Germany have signed joint declaration of Intent on Indo-German Hydrogen Task Force. The declaration was signed virtually yesterday between Power and New and Renewable Energy Minister R.K Singh and German Minister for Economic Affairs and Climate Change Dr. Robert Habeck.

Speaking on the occasion, Mr Singh said, India has emerged as one of the world leaders in energy transition with the fastest rate of growth of renewable energy capacities in the world. He emphasized that India has huge ambitions for energy transition and it will add 500 GigaWatt of non-fossil fuel capacity by 2030. Mr Singh said, India is coming out with bids for green hydrogen. He invited German industry to come and compete in developing this ecosystem in India.