Andhra Pradesh Positioned as Key Player in India's Green Hydrogen Sector Growth
Key Ideas
  • Andhra Pradesh aims for a production capacity of 1 million metric tonnes of green hydrogen by 2030, contributing 20% to India's target of 5 million metric tonnes annually.
  • Investment ventures like NTPC Green Energy Ltd and Hero Future Energies are crucial for achieving these goals, despite challenges in high production costs and infrastructure.
  • The state has implemented proactive policies such as tax breaks and subsidies to attract investors and propel green hydrogen adoption, focusing on developing a complete value chain.
Andhra Pradesh is set to play a significant role in India's green hydrogen sector growth with a target to produce 1 million metric tonnes by 2030, contributing 20% towards India's overall goal of 5 million metric tonnes annually. Union Minister Pemmasani Chandra Shekhar outlined this ambitious plan, recognizing the state's importance in the nation's clean energy endeavors. Investment projects like NTPC Green Energy Ltd's green hydrogen hub in Visakhapatnam and Hero Future Energies' proposed plant in Tirupati are essential in realizing these targets. Despite the positive investments, challenges such as the high cost of green hydrogen production and existing infrastructure gaps pose obstacles. To overcome these hurdles, Andhra Pradesh has introduced proactive measures like tax incentives and subsidies to attract investors and drive the adoption of green hydrogen, emphasizing the establishment of a complete value chain from electrolysers to derivative fuels. The state's proactive approach positions it as a key player in India's green hydrogen sector growth, showcasing a positive outlook towards sustainable energy development.
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