India plans Green Urea Push
*India accelerates green fertilizer transition: The Centre plans to procure 7.24 lakh metric tonnes of Green Ammonia annually under the National Green Hydrogen Mission to enable domestic Green Urea production, reducing dependence on imported urea while lowering carbon emissions. * Positive for green hydrogen ecosystem: The procurement will be backed by SECI-led auctions and a subsidy mechanism to bridge the cost gap between green and grey ammonia, creating long-term opportunities for green hydrogen, ammonia, renewable energy, and fertilizer companies. $CHAMBLFERT $GNFC $NFL
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