India’s green hydrogen revolution taking shape
Major Indian companies are venturing into the sector thanks to government support, but cost and incentive questions persist
India is starting to deliver on its goal of becoming a global green hydrogen hub. The world's third-largest energy consumer launched its ambitious $2.3b National Green Hydrogen Mission in January 2023 with a raft of incentives to put the country at the forefront of the production, utilisation and export of the fuel. Now large Indian firms—including Reliance and Adani—have ventured into the sector as a result of government subsidies. The national mission targets 5mt/yr of green hydrogen production capacity by 2030, with potential to reach 10mt/yr depending on export markets. The programme provides financial incentives for green hydrogen production, with the aim of lowering costs and boosting
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