The World Bank has approved a $1.5 billion loan to support India’s green hydrogen initiatives and low-carbon energy development

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The World Bank has approved a $1.5 billion loan to support India’s green hydrogen initiatives and low-carbon energy development. This funding aims to boost India's efforts in developing sustainable energy solutions by enhancing green hydrogen production, electrolysers, and renewable energy infrastructure.

The loan is part of a broader strategy to help India transition to a low-carbon energy economy, aligning with global efforts to combat climate change. This initiative will contribute to India's commitment to reducing its carbon footprint and advancing its energy sector's sustainability.

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