India invites German firms to invest in renewable energy sector

Singh was having a virtual roundtable with major German energy companies about their expansion plans in India.

Singh said India will add some of the largest capacities in battery storage, green hydrogen and green ammonia for its own use and meet the growing global demand. He urged German companies to source their future requirements of green hydrogen from India.

Singh and German minister for economic affairs and climate change signed a joint declaration of intent on Indo- German Hydrogen Task Force. The task force will strengthen cooperation in production, utilisation, storage and distribution of green hydrogen by building enabling frameworks for projects, regulations and standards, trade and joint research and development projects, an official release said.

Meanwhile, Prime Minister Narendra Modi held a bilateral meeting recently with his Danish counterpart Mette Frederiksen and reviewed progress of the India-Denmark Green Strategic Partnership.

Discussions covered cooperation in renewable energy, especially offshore wind energy and green hydrogen, as well as skill development, health, shipping, water and the Arctic.