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Wire · operational-macro

Phenomenal clean energy growth to power India's industrial decarbonisation

22 August 2026 · By · Wire by Fusion42

Published

22 August 2026

Topic

operational-macro

◆ Sectors

Climate Tech

◆ Geography

India

◆ Source

Read at bigmint.co →

◆ Verified

Fusion42 · 22 August 2026 · Fusion42 review

India aims to increase its non-fossil installed power capacity from 300.5 GW to 1,200 GW by 2047, supported by a Green Hydrogen Mission targeting 5 million tonnes annual hydrogen production by 2030 and policy incentives like production-linked schemes and green bonds to decarbonise industry, particularly steel.

This Wire brief sits within Fusion42's coverage of Climate Tech.

◆ ◆ The Wire takeaway

India's industrial strategy now directly ties renewable power expansion and green hydrogen to steel sector decarbonisation, forcing you to plan for new supply chains and financing approaches to compete in a market set to grow green capacity sixfold by 2047.

◆ Coverage

1 source · 22 Aug 2026

◆ Related on Wire

◆ Topics

Climate Techclean-energygreen-hydrogensteel-decarbonisationrenewable-energy-expansionindustrial-policy