India’s Green Hydrogen Vision 2030: IOCL, NTPC, Reliance, Adani
Here’s an article posted in Reuters about India’s investment target on GH2.
According to the article,
- India sets ambitious targets for green hydrogen and green ammonia consumption in certain industries.
- Plans to invest over $2 billion in green hydrogen production capacity by 2030.
- Major companies in India, including Indian Oil Corp, NTPC Ltd, Reliance, and Adani group, have announced plans to build green hydrogen projects.
- India’s green hydrogen market is projected to be valued at USD 8 billion in FY2031 and to grow at a CAGR of 20.61%.
Interestingly, we have some other posts related to this content:
Green Hydrogen in India – Plan and Projects Unveiled: India targets 115 GW green hydrogen capacity, highlighting renewable energy ambitions, while requiring 50 billion liters of demineralized water for production. India’s Goal in Green Hydrogen and Electrolyzer Manufacturing by 2030: India aims to produce 5 million tonnes of green hydrogen annually by 2030, driving demand for 50GW–60GW of electrolyzers. Market forecast shows significant growth.
