India unveils grey-to-green hydrogen transition plan
Government aims to produce at least 5mn t/yr of green hydrogen for domestic consumption by 2030 and corner 10pc of international trade
India plans to displace the 5mn t/yr of grey hydrogen consumed by its refining, chemicals, fertiliser and metals sectors with the green variety of the fuel by 2030, according to the government’s recently published National Green Hydrogen Mission. The country has also set out an ambition to corner 10pc of the global hydrogen market, with an eye on exporting 10mn t/yr of green hydrogen or ammonia from mid-decade. Reducing both the capex of electrolysers and the cost of renewable energy are highlighted as key steps towards bringing the cost of green hydrogen down to parity with grey for refining and fertiliser manufacturing by 2026–27. While India has some of the lowest long-term levelised cost
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