The Kerala government has attracted significant investment interest in green hydrogen, receiving proposals amounting to ₹72,760 crore from four major companies as part of its draft green hydrogen policy. These proposals are currently being reviewed, with specific packages outlined. The focus of the companies is on establishing green hydrogen and green ammonia facilities, with an emphasis on exporting green ammonia to stimulate export-led growth. To support these projects, each is expected to receive around ₹275 crore in capital expenditure subsidies from the state government, along with a 100 percent exemption on electricity duty for 25 years. One of the companies has presented two investment proposals, one amounting to ₹22,062 crore and the other to ₹4,511 crore. India's overarching goal is to achieve a green hydrogen production capacity of 5 MTPA by 2030 and boost exports of green hydrogen and its derivatives as part of the National Green Hydrogen Mission. Green hydrogen production, known for its zero carbon emissions, is increasingly recognized as a crucial method for decarbonizing sectors that heavily rely on hydrogen.