India is steadily strengthening its position as a global leader in the hydrogen sector, with a sharp focus on green hydrogen, according to Dave Ernsberger, Co-President of S&P Global Commodity Insights.
“India’s journey in developing hydrogen capabilities, taking a leadership role in the global hydrogen industry, and a special emphasis here in India on green hydrogen as well, is truly impressive,” Ernsberger said, acknowledging the country’s progress in clean energy.
He underlined the importance of the National Green Hydrogen Mission, describing it as “a really important part of the global journey towards cleaner energy, energy independence for countries like India and more beyond.”
The Union Cabinet had approved the National Green Hydrogen Mission on 4 January 2023, with an investment of Rs 19,744 crore. The mission aims to make India a global hub for the production, use, and export of green hydrogen and its derivatives, targeting production of 5 MMT per annum by 2030.
Highlighting India’s potential, Ernsberger said, “India is in an excellent position to really lead the world in developing green hydrogen, and hydrogen in general, given that really strong asset base.” He added that collaboration between the private sector, public sector, government, traders, and supply chains will be crucial to driving the industry forward.
India’s ambitions in green hydrogen are seen as a key pillar of its clean energy transition, with the dual goal of meeting domestic requirements and becoming a significant exporter in the future.
On 11 September, Union Minister of New and Renewable Energy Pralhad Joshi inaugurated the first Annual Green Hydrogen R&D Conference in New Delhi, organised by the Ministry of New and Renewable Energy. He also launched a Rs 100 crore Call for Proposals to support start-ups in hydrogen innovation.
Under this scheme, pilot projects in hydrogen production, storage, transport, and utilisation technologies will receive up to Rs 5 crore each. At the event, 25 start-ups showcased their innovations, including electrolyser manufacturing, AI-based optimisation, and biological hydrogen solutions.
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