Maharashtra is all set to take an important step towards achieving its green energy goals with the backing of the Asian Infrastructure Investment Bank (AIIB), which has committed to invest USD 1 billion. 

The funds will support the establishment of vital infrastructure, including hydrogen pipelines and hydrolysis plants, to boost the state’s green hydrogen initiative.

The Maharashtra government recently held a pivotal meeting with AIIB to discuss the project. 

During the meeting, Praveen Pardeshi, Senior IAS officer and Chief Executive Officer of NITI Maharashtra, speaking to Marksmendaily shared his thoughts on the partnership and the challenges the state faces in implementing its green hydrogen policy. 

“Maharashtra has a green hydrogen policy in place, but the infrastructure to produce green hydrogen is still lacking. We are grateful for AIIB’s support in providing the necessary funding to address this gap,” Pardeshi said.