India's Ambitious Plans: Exporting Renewable Hydrogen and Green Ammonia
Key Ideas
- India aims to export over 2.5 million metric tons of renewable hydrogen by 2030 from key hubs in coastal states like Odisha, Andhra Pradesh, and Gujarat.
- The country has 143 renewable or low-carbon hydrogen projects with a total capacity of 10.55 million mt, supported by the National Green Hydrogen Mission and a $2.37 billion investment.
- Although facing challenges in market pricing and global policy uncertainties, India's developers are optimistic about the cost competitiveness of green hydrogen and green ammonia for export.
- Despite policy shifts in major economies like the US and Europe, India's focus on expanding exports of renewable hydrogen is driven by expectations of cost competitiveness and policy incentives.
India's renewable hydrogen developers are gearing up to capitalize on export opportunities for green ammonia by 2027. The country plans to export more than half of its targeted 5 million metric tons of renewable hydrogen by 2030, primarily from hubs in states like Odisha, Andhra Pradesh, Tamil Nadu, Kerala, and Gujarat. With a significant number of renewable hydrogen projects in the pipeline, totaling 10.55 million mt in capacity, India is investing heavily in the sector through initiatives like the National Green Hydrogen Mission. Despite concerns about market pricing, with renewable hydrogen costs in India above $5/kg, developers are confident in the cost competitiveness of Indian green hydrogen and green ammonia for global markets.