New Delhi, Aug 21 (KNN) India aims to capture 10 percent of the projected global demand for green hydrogen, which is expected to exceed 100 million metric tonnes (MMT) by 2030, Minister of State for New and Renewable Energy Shripad Naik said on Tuesday.
He noted that the country’s ambition is to position itself as a major producer and exporter of green hydrogen.
Speaking at the Federation of Indian Chambers of Commerce & Industry (FICCI) Green Hydrogen Summit 2025, Naik emphasised that achieving this goal would require advancements in certification and trading mechanisms, assured offtake arrangements, and access to green finance through instruments such as viability gap funding, green bonds and multilateral bank support.
Green hydrogen, produced using renewable energy sources such as solar, wind and hydropower, is generated through electrolysis of water.
India launched its National Green Hydrogen Mission in 2023 to promote domestic production, use, and export of the fuel and its derivatives.
Naik observed that technological progress in solar photovoltaic, offshore wind and electrolyser efficiency was driving down production costs, a trend expected to continue.
He, however, underlined challenges including integration, storage, land availability and cost competitiveness, while adding that these issues were ‘solvable’.
The minister credited the private sector with playing a leading role in the emerging industry, pointing to large-scale projects, electrolyser manufacturing facilities, hydrogen mobility pilots and refuelling infrastructure.
He said Indian firms are also building international partnerships to secure cost advantages and enhance India’s export potential.
As part of government initiatives, Naik said pilot projects have been launched to test the direct use of green hydrogen in sectors such as steel, transport and shipping.
Twenty-three projects have been approved under research and development, with over 100 proposals being considered for the establishment of centres of excellence.
A green hydrogen testing facility is also being set up, with three projects already awarded, he added.
According to the minister, over 100 standards and protocols for green hydrogen have either been adopted or are under development to ensure safety and quality.
(KNN Bureau)
