L&T, Matrix join energy subsidy scheme
Mint Mumbai|February 10, 2024
L &T Electrolysers Ltd and Matrix Gas and Renewables Ltd have been awarded subsidies under New Delhi's flagship green hydrogen promotion scheme following a last-minute withdrawal by Jindal India Ltd, a BC Jindal Group company, said one person familiar with the development.
Nehal Chaliawala
L&T, Matrix join energy subsidy scheme

The decision was taken on Thursday after Jindal India missed the 3 February deadline to furnish bank guarantees required to formally sign up for the scheme, this person said, asking not to be named.

The incentives are part of the 17,490-crore Strategic Interventions for Green Hydrogen Transition (Sight) scheme, which grants subsidies to companies for setting up electrolyser manufacturing plants in India.

هذه القصة مأخوذة من طبعة February 10, 2024 من Mint Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة February 10, 2024 من Mint Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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