Green Hydrogen Export Growth
India emerges as a competitive global exporter of green hydrogen and ammonia
Anonymous
India could become a competitive exporter of green hydrogen and ammonia, aided by low-cost solar power, according to an S&P Global Energy analyst. Indian projects have attracted offtake agreements with buyers in Europe and Asia, while domestic green-ammonia supply could help replace imports of conventional ammonia. Separately, India’s renewable energy minister said recently discovered prices—Rs 49.75 per kilogram for green ammonia and Rs 279 per kilogram for green hydrogen—signal progress toward global cost competitiveness; the National Green Hydrogen Mission has also awarded incentives for production and electrolyzer manufacturing as the country builds supply and demand.
Key Points
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The National Green Hydrogen Mission has an outlay of Rs 19,744 crore and has awarded incentives for about 8.62 lakh tonnes per annum of green hydrogen production and 3,000 MW per annum of domestic electrolyser manufacturing capacity.
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Renewable Energy Minister Pralhad Joshi said India’s non-fossil-fuel power capacity has exceeded 304 GW, including more than 160 GW of solar capacity; he also cited manufacturing capacity of around 414 GW.
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The government is seeking to build domestic demand for green hydrogen in fossil-fuel-dependent industries: Joshi said 30 kTPA of green hydrogen production capacity had been awarded for refineries.
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