India, one of the world’s largest greenhouse gas emitters, has set a deadline of 2035 to establish green hydrogen bunkering and refuelling facilities at major ports in a bid to cut its carbon footprint.
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Indian renewable energy company ACME and city-gas distribution company Indraprastha Gas Limited (IGL) have signed a Memorandum of Understanding (MoU) to jointly explore business opportunities in Green Hydrogen supply.
NTPC, India’s largest power producer, has recently announced its plan to build a green hydrogen hub in coastal Andhra Pradesh with a budget of more than ₹1 lakh crore.
Bharat Heavy Electricals Ltd (BHEL) is one of India’s largest engineering and manufacturing companies in the energy and infrastructure sectors.
Green hydrogen, a clean fuel produced through the electrolysis of water using renewable energy, has gained prominence globally as a crucial element in decarbonizing hard-to-abate sectors.
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The Indian Department of Science and Technology (DST) has invited bids to establish Hydrogen Valley Innovation Clusters (HVICs) in the country.
India wants to be the cheapest hydrogen producer in the world, so it has extended a waiver of transmission fees for renewable power to hydrogen production facilities that are commissioned before January 2031, a government official said.
A top government official said India will give green hydrogen fuel manufacturers at least 10% of their costs under a $2 billion scheme starting in June.
According to Electricity and Renewable Energy Minister R K Singh, India opposes expanding the concept of “green hydrogen” to include fuel derived from low-carbon energy sources as several Western nations have suggested during G20 meetings.
