India is planning a $2 billion incentive programme for the green hydrogen industry in a bid to cut emissions and become a major export player in the field. The Rs 180 billion ($2.2 billion) incentive aims to reduce the production cost of green hydrogen by a fifth over the next five years. It would do this in part by increasing the scale of the industry. As per reports, the current cost in India is Rs 300 rupees to Rs 400 per kg. In a bid to cut down emissions a major player exports in the field. The incentive aims at reducing the production cost of green hydrogen by the fifth working in renewable energy. PPA will help address such energy requirements. This agreement is a step forward towards PTC’s endeavour to strengthen the regional power markets for energy security and sustainability in South Asia. Ammonia and its derivatives and green ammonia are in great demand and India demands to sell 70 per cent of its production to South Korea, Japan and the European Union.