India's Potential as a Green Hydrogen Leader: Opportunities and Challenges Ahead
Key Ideas
  • India is poised to be a frontrunner in green hydrogen production, with a focus on 24/7 renewable energy supply to lower production costs.
  • Challenges include the current high cost of green hydrogen at $5 per kg and the slow growth rate despite government incentives.
  • Gentari, a key player, is engaged in multiple green hydrogen and green ammonia projects, aiming for substantial capacity by 2030.
  • The company is also working on a 650-MW round-the-clock energy project to power green ammonia facilities, emphasizing firm and dispatchable green power.
India has the potential to emerge as a global leader in green hydrogen production, according to Sushil Purohit, the CEO of Gentari. Purohit highlighted the importance of optimizing renewable energy production, electrolyzers, and transportation to achieve competitive prices in the green hydrogen sector. While the cost of green hydrogen currently stands at $5 per kg, government support through the National Green Hydrogen Mission aims to reduce this barrier. Despite challenges, including slow initial growth, Purohit remains optimistic about the sector's future growth trajectory. Gentari is actively involved in green hydrogen and green ammonia projects in India, with plans to significantly scale up capacity by 2030. The company is exploring partnerships for efficient electrolyzers and has already initiated projects in Tamil Nadu and Karnataka. Additionally, Gentari is a shareholder in AM Green, a producer aiming for substantial green ammonia production within the next decade. In terms of renewable energy capacity, Gentari boasts an impressive 6 GW capacity in India, covering operational and under-construction projects. Furthermore, the company is undertaking a 650-MW round-the-clock energy project to power green ammonia facilities, underscoring its commitment to sustainable energy production. By integrating renewable energy sources with energy storage, Gentari aims to supply reliable green power to support the green ammonia sector's growth. Through such initiatives and collaborations, India's journey towards a hydrogen economy appears promising.
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