Saudi Arabia's Alfanar Group is strategizing its expansion into India's emerging green hydrogen market, with a focus on aligning with the country's clean energy objectives. The group, headquartered in Saudi Arabia, has a substantial renewable energy portfolio globally, including projects in Egypt, Chile, and India. However, despite its interest in India's green hydrogen potential, Alfanar is currently holding off its entry due to the lack of clear policy and regulatory frameworks in the sector. In contrast to the mature renewable energy segment where long-term power purchase agreements are common, the green hydrogen space lacks assured offtake agreements, as highlighted by Alfanar's Chief in India, Mohammed Irfan. The company's initiatives in India include a significant wind power project in Gujarat, emphasizing its existing presence in the country's renewable energy landscape. Alfanar's stance underscores the importance of establishing policy visibility and secure offtake mechanisms to catalyze investments and operations in the burgeoning green hydrogen domain. By emphasizing the necessity of these fundamental aspects, Alfanar aims to position itself strategically in India's evolving clean energy market, aiming to support the country's ambitions of becoming a global hub for green fuels.