Singapore-based Horizon Fuel Cell's subsidiary, HET Hydrogen, and its joint venture Indify Fuel Cell have announced plans to establish electrolyser assembly in India in line with the country's Green Hydrogen Mission. The initiative aims to cater to the increasing demand for green hydrogen and support the decarbonisation efforts in various sectors including industries and transport. The company targets a production capacity of at least 100 MW per year by 2026 and looks to introduce advanced Anion Exchange Membrane (AEM) electrolysers to enhance cost-efficiency compared to existing technologies. The move is strategic in contributing to India's goal of becoming a global leader in hydrogen utilization. India's focus on green hydrogen extends to applications in green steel, fertilisers, chemicals, sustainable fuels, and zero-emission transport, leveraging cost-effective green hydrogen to foster a sustainable and decarbonised economy.