India Targets 10% Share in Global Green Hydrogen Demand by 2030

1
470

India is poised to capture 10% of global green hydrogen demand by 2030, Union Minister of State for New and Renewable Energy and Power Shri Shripad Y. Naik announced during the 3rd International Conference on Green Hydrogen (ICGH 2025) held at Bharat Mandapam, New Delhi.

Addressing the high-level session, Shri Naik said Indiaโ€™s energy transition remains among the boldest and fastest in the world, guided by Prime Minister Shri Narendra Modiโ€™s Panchamrit commitments at COP26. He emphasized that India is advancing steadily toward its goals of 500 GW of non-fossil fuel capacity by 2030 and net-zero emissions by 2070.

Indiaโ€™s non-fossil-fuel-based installed capacity has now reached nearly 260 GW, driven by solar and wind power. โ€œThis strong renewable base has empowered India to take the next decisive step โ€” the Green Hydrogen Revolution โ€” converting renewable strength into clean molecules that can decarbonize industries, fuel transport, and enable global trade,โ€ Shri Naik said.

India Emerging as a Global Hydrogen Hub

The Minister noted that Indiaโ€™s green hydrogen market is projected to grow at a compound annual rate of 20โ€“40% over the next decade. With abundant renewable resources, strategic geography, and strong policy support, India is positioned to become a leading producer and exporter of green hydrogen and its derivatives such as green ammonia and green methanol.

Also Read  Indiaโ€™s Battery Storage Costs Fall Sharply as Government Expands Support for Grid-Scale BESS

He added that India is โ€œnot merely participating but leading the global hydrogen transitionโ€ through robust policy frameworks, standardisation efforts, and international collaborations. Shri Naik urged industry stakeholders and investors to accelerate electrolyser manufacturing, strengthen innovation pipelines, and develop hydrogen hubs and industrial clusters to anchor local economies.

National Green Hydrogen Mission: From Vision to Action

Highlighting progress under the National Green Hydrogen Mission (NGHM) launched in January 2023, Shri Naik said the Mission has moved from planning to implementation. With โ‚น17,000 crore in incentives, it supports both green hydrogen production and electrolyser manufacturing.

Projects have been awarded for 3,000 MW per annum of electrolyser manufacturing and 8.62 lakh metric tonnes per annum (MTPA) of green hydrogen production. The Solar Energy Corporation of India (SECI) has also discovered globally competitive prices for 7.24 lakh MTPA of green ammonia supply to fertiliser units. Additionally, projects have been sanctioned for 20,000 MTPA of green hydrogen to be supplied to IOCL, BPCL, and HPCL refineries.

Also Read  Tata Power Renewables Launches โ€˜Scale Sustainably With Tata Powerโ€™ Campaign In Raipur To Boost Rooftop Solar Adoption Among C&I Consumers

Shri Naik underscored that ICGH 2025 reflects Indiaโ€™s commitment to advancing green hydrogen technology, fostering innovation, and accelerating the countryโ€™s clean energy transition.

Whole-of-Government Approach Driving Clean-Energy Ecosystem

Addressing the session, Dr Jitendra Singh, Union Minister of State (Independent Charge) for Science and Technology; Earth Sciences; and Minister of State for PMO, lauded the MNRE for bringing together researchers, scientists, and industry leaders through ICGH 2025.

He said the Green Hydrogen Mission exemplifies a โ€œwhole-of-government, whole-of-nationโ€ approach, integrating efforts across ministries and sectors. โ€œSeveral programmes initiated earlier by the Department of Science and Technology have been subsumed under the Green Hydrogen Mission, showcasing how India is breaking silos to advance strategic technologies,โ€ he stated.

Dr Singh highlighted that Indiaโ€™s energy missions โ€” from biotechnology and biofuels to hydrogen, electric mobility, and nuclear energy โ€” emphasize publicโ€“private partnerships and long-term sustainability, aligning with the vision of Viksit Bharat 2047.

Industry Leaders Emphasize Innovation and Competitiveness

Shri Akash Tripathi, Managing Director of SECI, noted that Indiaโ€™s clean energy pursuit aligns closely with NGHM goals. He emphasized SECIโ€™s success in discovering some of the lowest global prices for green ammonia, improving project bankability and investor confidence.

Also Read  Oliver Wyman Announces The Appointment Of Kaustav Mukherjee As Partner In Its Energy & Natural Resources Practice

Shri Abhay Bakre, Mission Director of the National Mission for Green Hydrogen, said India has emerged as one of the fastest-growing hydrogen ecosystems globally within three years of launching NGHM.

Shri Vineet Mittal, Chairman of Avaada Group, said Indiaโ€™s green hydrogen journey is turning โ€œvision into realityโ€ through transparent policies, well-planned projects, and innovation-driven markets, positioning India as a global role model in renewable energy.


Discover more from SolarQuarter

Subscribe to get the latest posts sent to your email.

1 COMMENT

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.