India has secured firm green hydrogen offtake commitments of 5,55,610 metric tonnes per annum (MTPA) as of October 2026, positioning the country among the global leaders in green hydrogen supply agreements. According to the Ministry of New and Renewable Energy (MNRE), Indian companies signed 18 new offtake agreements in 2026 for more than 4 lakh MTPA of green hydrogen-equivalent products, strengthening the country’s position in the emerging global market for low-carbon fuels.
Since the launch of the National Green Hydrogen Mission (NGHM) in 2023, Indian companies have signed 23 offtake contracts covering approximately 5.5 lakh MTPA of green hydrogen-equivalent supply. More than 70% of these commitments are earmarked for export markets, reflecting growing international demand for green hydrogen and its derivatives, including green ammonia and green methanol.
Fulfilling these agreements is expected to attract investments exceeding ₹90,000 crore, equivalent to approximately USD 9.5 billion. The commitments are expected to support the development of domestic production capacity and strengthen India’s participation in international clean energy supply chains.
India Expands Green Hydrogen Export Agreements
Indian companies have entered into strategic partnerships and long-term supply agreements with buyers across Japan, Germany, South Korea and other international markets. These agreements cover green ammonia and green methanol, which are emerging as alternatives to conventional fossil-based fuels and industrial feedstocks.
ACME Group has signed an offtake agreement with Japan’s IHI for the supply of 4,88,000 MTPA of green ammonia. The company has also entered into an agreement with Mitsubishi Gas Chemical (MGC), Japan, to supply 1,00,000 MTPA of green methanol.
Larsen & Toubro (L&T) and ITOCHU have established a special purpose vehicle (SPV) for the supply of 3,00,000 tonnes per annum of green ammonia, with deliveries expected to begin in December 2029.
Reliance Industries Limited (RIL) has entered into a long-term supply and purchase agreement with South Korea’s Samsung C&T Corporation, valued at more than USD 3 billion. The agreement is among the largest green ammonia offtake contracts globally, with deliveries expected to commence in 2028.
Other companies are also developing export opportunities. Agastya is pursuing an offtake arrangement for 2,50,000 MTPA of green methanol with Sri Lanka’s SAR.
AM Green has secured a long-term purchase agreement through the Asian lot of the H2Global auction conducted by HINT.CO GmbH. Under the agreement, Hintco will purchase renewable fuels of non-biological origin (RFNBO) ammonia from AM Green for a minimum value of €585 million over 10 years. Initial deliveries to Germany are expected in 2029.
AM Green has also signed a firm offtake agreement with Germany’s Uniper for 2,50,000 MTPA of green ammonia. In addition, the company has entered into a binding heads of agreement with Japan’s major power producer JERA for the long-term supply of 70,000 MTPA of green ammonia.
Jouno Joules has signed an offtake agreement with Select Energy GmbH for 600 tonnes per day (TPD) of green ammonia, equivalent to approximately 2,19,000 MTPA.
Green Hydrogen Mission Targets 5 Million Tonnes of Annual Production
The National Green Hydrogen Mission was approved by the Union Cabinet with an initial outlay of ₹19,744 crore through the financial year 2029–30. The mission aims to establish India as a global hub for the production, use and export of green hydrogen.
By 2030, the programme targets annual green hydrogen production of at least 5 million metric tonnes (MMT). Its expected outcomes include adding 125 GW of renewable energy capacity, attracting more than ₹8 lakh crore in total investments, creating over 6 lakh full-time jobs and avoiding 50 MMT of carbon dioxide emissions annually.
The 5,55,610 MTPA in firm green hydrogen offtake commitments recorded by October 2026 represents approximately 11% of the mission’s annual production target. The agreements provide a demand base for producers planning projects and investing in the infrastructure required to supply domestic and international markets.
Domestic Demand Supported by Government Programmes
Alongside export agreements, government-backed procurement initiatives are helping establish domestic demand for green hydrogen and its derivatives.
Under the Strategic Interventions for Green Hydrogen Transition (SIGHT) Programme, agreements have been signed for the production and supply of 6,70,000 MTPA of green ammonia to 11 fertiliser units across India. The initiative is intended to support the use of green ammonia in the fertiliser industry, where conventional ammonia production relies heavily on fossil fuels.
The SIGHT Programme has also awarded projects for the production and supply of 30,000 MTPA of green hydrogen to refineries operated by Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Limited (BPCL), Hindustan Petroleum Corporation Limited (HPCL) and Numaligarh Refinery Limited (NRL).
These procurement arrangements are expected to support the adoption of green hydrogen in sectors where reducing emissions remains challenging, including fertiliser manufacturing and petroleum refining.
Green Ammonia and Methanol Gain Industrial Applications
Green hydrogen derivatives are gaining attention as potential solutions for reducing emissions across several industries. Green ammonia can be used in fertiliser production and is being explored for co-firing in thermal power plants. It is also emerging as a potential lower-carbon marine fuel, including for shipping and bunkering applications.
Green methanol is attracting interest as an alternative fuel for the maritime sector and as an industrial feedstock. Their wider adoption will depend on production costs, supply infrastructure, regulatory requirements and the availability of long-term buyers.
According to the MNRE update, Indian suppliers are offering competitive prices for green ammonia and green methanol, supporting the country’s efforts to secure buyers in European and Japanese markets.
The combination of export contracts, domestic procurement programmes and the National Green Hydrogen Mission’s production targets is creating a foundation for India’s green hydrogen industry. However, converting announced commitments into operational supply will require substantial investment in production facilities, renewable energy, transport infrastructure and export logistics.
As the sector develops, the implementation of these agreements will be important in determining India’s ability to scale green hydrogen production, meet international demand and reduce emissions in hard-to-abate industrial sectors.
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