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Sunday, December 22, 2024 | 06:41 AM ISTEN Hindi

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How an easy govt timeline on green hydrogen provides a breather to Adani

Among its renewable energy projects, the Adani group's massive planned investments in green hydrogen would be the easiest to scale back given the government's benign targets

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Green hydrogen is a territory that has no shortage of backers, even within India, for the government to meet its green targets

Subhomoy Bhattacharjee New Delhi
Of the myriad projects across infrastructure and energy for which the Adani Group has plans, those for green energy are at their most nascent stage. If the crippling of its market cap last week forces the group to cut back on the scale or extend the timelines of its projects, plans to scale up production of green hydrogen could well be the easiest to clip.

As recently as June 2022, the group announced that it intends to invest $50 billion over the next two years to produce green hydrogen. Raising such a huge amount of humongous capital on the group’s

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