India Launches Bold Green Hydrogen Initiative with Massive Investment
Key Ideas
- India aims to establish a 15,000 MW electrolyser manufacturing capacity for Green Hydrogen production with a significant investment of Rs 30,000-45,000 crore.
- The National Green Hydrogen Mission includes incentives worth Rs 12,500 crore over five years to support the expansion, reflecting India's commitment to sustainable energy.
- Around 15 companies have been selected through a transparent tendering process to develop the electrolyser capacity, with production expected to commence by mid-2026.
- India's strategy focuses on domestic consumption and exports, aiming to become a cost-effective Green Hydrogen producer by leveraging renewable energy and implementing state incentives.
India has initiated a groundbreaking effort to become a global leader in Green Hydrogen production by launching the National Green Hydrogen Mission. With a target of establishing a massive 15,000 MW electrolyser manufacturing capacity, the country is set to invest between Rs 30,000-45,000 crore in this ambitious endeavor. The government has allocated Rs 12,500 crore in incentives over the next five years to support the expansion, demonstrating a strong commitment to sustainable energy. The Strategic Interventions for Green Hydrogen Transition (SIGHT) programme has selected around 15 companies to develop the electrolyser capacity, with production expected to begin by mid-2026. Companies are actively working on acquiring land, forming partnerships, and setting up essential infrastructure. India's approach also includes focusing on domestic consumption and exports of Green Hydrogen, with contracts already awarded for significant quantities. The country aims to become a cost-effective producer by leveraging its renewable energy market and implementing state incentives. Pilot projects are exploring the potential of Green Hydrogen in electric mobility, contributing to India's comprehensive strategy under the SIGHT programme and positioning it as a key player in the global Green Hydrogen revolution.
Topics
India
Renewable Energy
Investment
Energy Transition
Sustainable Development
Economic Growth
Electric Mobility
Manufacturing Capacity
Carbon Trading
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