India's Green Hydrogen Growth: Opportunities, Challenges, and Partnerships
Key Ideas
  • India's hydrogen demand is projected to reach 8.8 million metric tonnes per annum by 2032, with green hydrogen projects playing a significant role in meeting this demand.
  • The National Green Hydrogen Mission (NGHM) is driving tenders and funding under various schemes to boost the production and adoption of green hydrogen in the country.
  • Despite progress, challenges such as high production costs compared to fossil fuel-derived hydrogen and the need for efficient storage and transport solutions are highlighted in the report.
  • The India Energy Storage Week 2025 event is facilitating collaborations among energy leaders, showcasing innovations in green hydrogen, electric vehicles, solar, and energy storage, and aiming to accelerate India's green hydrogen production capacity to 5 MTPA by 2030.
A new report by the India Energy Storage Alliance (IESA) reveals that India's hydrogen demand is forecasted to increase to 8.8 million metric tonnes per annum by 2032, showing a growth rate of 3 percent per year. The report highlights the potential of green hydrogen projects in meeting this demand, with more than 9.2 MTPA of such projects announced. However, challenges exist as only a limited number of these projects have secured final investment decisions. The report emphasizes the role of electrolytic and bio-hydrogen, suggesting they could contribute significantly to domestic demand if 30 percent of the announced projects are completed within the next decade. The National Green Hydrogen Mission (NGHM) is actively encouraging the production and adoption of green hydrogen through tenders and funding initiatives. Despite the positive momentum, the report points out cost challenges in producing green hydrogen, including high electricity costs and capital expenditure on electrolyzers. The India Energy Storage Week 2025 event, attended by industry leaders and policymakers, aims to foster partnerships and innovation in green hydrogen, electric vehicles, solar, and energy storage. It serves as a platform to address the barriers to decarbonization goals and accelerate India's green hydrogen production capacity to 5 MTPA by 2030.
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