Indian NGHM, launched in 2023, aims for 5 MMT annual green hydrogen production by 2030, backed by ₹19,744 crore in funding and 125 GW renewable capacity addition. By 2025, Phase I has awarded 862,000 tonnes capacity across 19 projects, with the second SIGHT subsidy auction in March concluding at $259 million for nine bidders. Costs have dipped to $3.5/kg, eyeing sub-$3/kg soon, making it viable for domestic use and exports.
Green hydrogen can slash 50 MMT annual GHG emissions and save over ₹1 lakh crore in fossil fuel imports. In steel and refineries, it replaces grey hydrogen; in mobility, pilots like 37 hydrogen vehicles and 9 refueling stations are underway. NTPC Green Hydrogen Mobility Initiative and hubs like the 1,500 TPD facility underscore scalability, fostering a 46% market share in total hydrogen demand by 2030.
| Key Aspects of Green Hydrogen in India | Current Status & Impacts (2025) |
|---|---|
| Ambitious Production Targets | 5 MMT by 2030; 862,000 tonnes awarded; ₹8 lakh crore investments unlocked |
| Decarbonizing Industry | 50 MMT GHG abatement; pilots in steel, fertilizers; 10% global market share goal |
| Cost Reduction & Viability | $3.5/kg current, sub-$3/kg projected; LCOA $583-641/ton for green ammonia |
| Infrastructure & Exports | Green ammonia bunkers in ports by 2025; 3GW electrolyser capacity; export hubs |
| Market Growth & Innovation | USD 9B market in 2024 to USD 34B by 2030 (20.89% CAGR); ICGH-2025 conference |
With 152 GW renewables installed by mid-2025, India leverages solar/wind abundance for low-cost production. Challenges like water scarcity and infrastructure gaps are being addressed via R&D, international partnerships, and policy incentives. The upcoming International Conference on Green Hydrogen (ICGH-2025) signals commitment, potentially capturing 10% global share and driving economic growth through jobs and exports.
3GW domestic capacity boost in Phase I, reducing import reliance and costs for scalable production.
37 hydrogen vehicles and 9 stations launched, paving way for aviation/shipping decarbonization.
Green ammonia refueling in one major port by 2025, expanding to all by 2035 under Sagarmala.
NGHM funds innovation in storage/distribution; upskilling workforce for ecosystem growth.
Strategic hubs for Europe/Asia doubling capacity if demand surges, per McKinsey insights.
Annual Production Target by 2030
NGHM Budget Allocation
Market Size Projection by 2030
