The government’s ‘Uttar Pradesh Green Hydrogen Policy 2024’ offers administrative and financial incentives to promote green hydrogen and ammonia production. The Indian BESS market, forecasted to grow at a compound annual growth rate (CAGR) of 11.41% until 2032, will play a key role in the state’s decarbonization strategy, which is part of the broader goal to reduce industrial emissions in the chemicals and fertiliser sectors.

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