IIT Bombay and HSBC India Collaborate for Green Hydrogen Innovation
Key Ideas
  • IIT Bombay and HSBC India are partnering to advance green hydrogen solutions through innovative projects focusing on energy efficiency, sustainable fuel production, and air quality improvement.
  • Six shortlisted projects at IIT Bombay aim to develop earth-abundant materials for sustainable hydrogen production, energy-efficient hydrogen generators, indigenous storage systems for vehicles, and alternative combustion burners.
  • The collaboration aims to contribute to India's energy independence by supporting the National Green Hydrogen Mission and transitioning towards a cleaner, self-reliant future with a reduced carbon footprint.
  • The partnership between HSBC India and IIT Bombay is geared towards creating cost-effective, scalable, and sustainable green hydrogen solutions to drive a low carbon economy and enhance India's position in the global green energy movement.
The Indian Institute of Technology, Bombay has partnered with HSBC India to accelerate the development and deployment of green hydrogen technologies. This collaboration aims to foster innovation in the field of green hydrogen, with a focus on reducing carbon emissions, improving air quality, and promoting sustainable energy solutions. The initiative involves several projects, including the development of energy-efficient green hydrogen generators, indigenous storage systems for commercial vehicles, and alternative combustion burners to enhance air quality. The partnership has shortlisted six projects for further incubation at IIT Bombay, with a keen focus on sustainability and cost-effectiveness. These projects range from utilizing earth-abundant materials for sustainable hydrogen production to developing hydrogen storage systems for vehicles and creating tools for safe hydrogen blending. The ultimate goal is to nurture these projects to commercial readiness and scale, contributing to India's energy independence and environmental sustainability. HSBC India's CEO emphasized the importance of green hydrogen as a key component in achieving a low carbon economy, highlighting the significance of the partnership with IIT Bombay in driving innovation and sustainability. Likewise, the Director of IIT Bombay expressed the institution's commitment to supporting India's National Green Hydrogen Mission and leading the country towards a cleaner, self-reliant future. The outlined projects aim to revolutionize various aspects of green hydrogen technology, from production efficiency to storage solutions and combustion processes. These initiatives not only seek to reduce carbon emissions and improve air quality but also to pave the way for a more sustainable and energy-independent India. The collaboration between IIT Bombay and HSBC India signifies a significant step towards creating scalable and economically viable green hydrogen solutions that align with global sustainability goals.
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