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IH2A Proposes $2.5 Billion Boost for Green Hydrogen Mission
The India Hydrogen Alliance (IH2A) has recommended an additional $2.5 billion allocation to the National Green Hydrogen Mission (NGHM), complementing the existing $2.3 billion. The proposal seeks to address delays in project development and a lack of offtake agreements, accelerating the creation of a robust green hydrogen economy in India. IH2A’s submission to the government underscores industry concerns about high green hydrogen costs, which hinder long-term commitments from key sectors such as refineries, fertilizers, steel, chemicals, and heavy-duty transport. To overcome these challenge..
PSU Consortium to Bid for Overseas Port Operations
India is planning to establish a consortium with equity participation from public sector enterprises to bid for operating port assets abroad, senior officials have revealed. The consortium, tentatively named Bharat Global Ltd., will include the Indian Port Rail & Ropeway Corporation, Sagarmala Development Company, and the Shipping Corporation of India (SCI). Additionally, India will operationalise Bharat Container Shipping Line as a new vertical within SCI to mitigate global trade disruptions. According to officials, the consortium will follow the strategic model of Chabahar Port and expand op..
Hunch Mobility and Electra to Deploy Hybrid-Electric Aircraft
Electra.aero, Inc., a cutting-edge aerospace company, has signed a memorandum of understanding (MoU) with Hunch Mobility, a technology-driven platform, to deploy Electra’s EL9 Ultra Short hybrid-electric aircraft in India. This partnership aims to transform sustainable and quiet regional air travel in the country. Announcing the collaboration at the CII Urban Air Mobility Expo 2025, Amit Dutta, Managing Director of Hunch Mobility, stated, "We are proud to unveil this partnership at an event that showcases India's leadership in urban air mobility. The expo fosters collaboration among manufac..
