The Indian Biogas Association (IBA) has teamed up with the Hydrogen Association of India (HAI) to promote bio-based energy solutions, with a particular focus on green and blue hydrogen. According to IBA Chairman Gaurav Kedia, the memorandum of understanding (MoU) between IBA and HAI aims to bolster the production of green energy within the country.
This partnership will facilitate various initiatives, including training, capacity building, and policy advocacy, to drive the promotion and advancement of bio-based energy solutions, especially green and blue hydrogen.
Kedia highlighted the significant potential of the green hydrogen market in India, projected to reach USD 8 billion by 2030 and USD 340 billion by 2050.
By joining forces, IBA and HAI aim to reduce the nation’s dependence on imported energy sources while promoting sustainable energy initiatives. This collaboration will harness synergies to propel the growth of the bio-based energy sector and contribute to India’s green energy goals.