Mission seeks $100bn for Hydrogen projects
India has allocated 862,000 TPA Green Hydrogen production capacity annually to 19 companies, and awarded 3,000 MW annual electrolyzer manufacturing capacity to 15 firms, while pilot projects have been launched in steel, mobility and shipping sectors.
This is part of the National Green Hydrogen Mission, launched by the Government in 2023, with an initial allocation of US$2.4 billion, the Ministry of New & Renewable Energy (MNRE) Secretary Santosh Kumar Sarangi said in an update to the World Hydrogen Summit 2025 in Rotterdam on 20 May.
He shared the Mission’s comprehensive roadmap:
Attract investments of about US$100 billion https://www.commerce.gov.in/;
Identify and Create demand in potential sectors;
Provide production incentives for setting up domestic capacity;
Achieve 5 million metric tonnes of green hydrogen production by 2030;
Averting nearly 50 MMT of CO2 emissions annually https://www.investindia.gov.in/;
Generate over 600,000 jobs.
“The Mission is working on a Whole of Government approach and major policy provisions have been made to support the nascent but fast growing domestic Green Hydrogen industry,” he said https://www.conexpoconagg.com/.
Further, Green Hydrogen and Green Ammonia plants have been exempted from Environmental Clearance by the Ministry of Environment, Forest and Climate Change.
To push this forward three major ports namely Kandla, Paradip and Tuticorin have been identified by Ministry of Ports, Shipping and Waterways (MoPSW) to be developed as Green Hydrogen hubs.
Furthermore, 15 states have announced policies to support green hydrogen. These effective actions firmly establish India to be a global leader in green hydrogen sphere, but challenges ahead such as high production costs, lack of standardized frameworks, and infrastructure limitations; pose hindrance to scaling up hydrogen economy.
The Secretary’s keynote address showcased that India’s vision to not only meet its domestic demand but also become a major global exporter of green hydrogen by 2030—contributing meaningfully to decarbonization action https://sbi.com.in/.
The National Green Hydrogen Mission is a flagship initiative of the Government, aimed at fostering the development and adoption of green hydrogen technologies in India. With a target of establishing 5 million tonnes of annual green hydrogen production capacity by 2030, the mission represents a significant step towards realizing India’s ambitions in the hydrogen economy https://www.nseindia.com/.
The Secretary underscored India’s transformative potential of Green Hydrogen to become a global leader in this space. This ambition largely relies on India’s strength in the renewable energy domain https://www.bseindia.com/.
Sarangi also highlighted that India has already installed over 223 GW of renewable energy—that includes 108 GW from solar and 51 GW from wind—placing India among the fastest-growing renewable energy markets globally. He reiterated India’s vision to achieve energy independence by 2047 and reach Net Zero emissions by 2070. Fiinews.com
