The World Bank has approved a $1.5 billion loan to help India accelerate its development of low-carbon energy, specifically targeting the promotion of green hydrogen, electrolysers, and increased renewable energy penetration. This funding aligns with India's National Green Hydrogen Mission and energy transition targets, including the goal of achieving 500 GW of installed renewable energy capacity by 2030 and reaching net zero by 2070. The initiative also aims to promote the manufacture of electrolysers and green hydrogen, with a focus on enhancing the market for these technologies. The funding consists of a $1.46 billion loan from the International Bank for Reconstruction and Development (IBRD) and a $31.5 million credit from the International Development Association (IDA). This support signifies a significant step towards India's green energy ambitions, emphasizing the vital role of green hydrogen in the country's sustainable energy roadmap.