India is making significant progress in achieving its goal of producing green hydrogen at $2 per kilogram, with recent developments showing the target is “not a distant dream anymore,” said Amitabh Kant, CEO of NITI Aayog.
Record-Low Green Hydrogen Price
A recent bid to supply Numaligarh Refinery in Assam with 10,000 tonnes of green hydrogen per year found a record-low price of ₹279/kg (about $3.08/kg). This milestone shows that green hydrogen is becoming more competitive in India.
Amitabh Kant highlighted, “India’s ambition to achieve green hydrogen at $2/kg is not a distant dream anymore,” emphasizing that government policies, falling renewable electricity costs, and technological advancements are helping to bring the target within reach.
Supportive Policies and Mission
The progress fits with India’s National Green Hydrogen Mission, which aims to make large-scale clean hydrogen production more common and less reliant on fossil fuels. The government’s incentives and strong renewable energy generation should make green hydrogen more and more affordable.
Local and Global Impact
“The recent price discovery confirms that India can produce green hydrogen competitively, supporting the country’s energy transition and climate goals,” Kant said.
The tender in Assam shows how decentralized renewable energy projects are contributing to lower hydrogen production costs while boosting local industrial development.
Future Prospects
India’s green hydrogen business is now in a good place to get money from both Indian and foreign investors. Kant says that if the country keeps coming up with new ideas, makes policies that are good for business, and uses a lot of renewable energy, it will reach its goal of $2/kg green hydrogen sooner than expected.
This news shows that India is serious about switching to clean energy. It shows that with the right policies and technology, big renewable energy goals can be reached.
Kant also said, “The growth in the green hydrogen sector shows that India could become a world leader in making clean hydrogen.”
Electrify your feed! Click here to join our Whatsapp group and to get the latest updates, expert insights, and innovations driving India’s energy storage revolution.
