According to a recent report by UnivDatos, the India Green Hydrogen Market is projected to reach USD 2,686.78 million by 2032, expanding at a remarkable CAGR of 69.8%. India is rapidly positioning itself as a major force in Asia’s emerging green energy ecosystem.
In a significant policy move, the Indian government announced a $2 billion incentive program in late 2022 aimed at accelerating the development of the green hydrogen sector. This initiative is part of India’s broader commitment to cutting carbon emissions and becoming the first major hydrogen exporter in Asia.
Further strengthening its global partnerships, India and Australia have formalized an agreement to launch a bilateral task force focused on green hydrogen collaboration. These efforts align closely with India’s long-term vision of achieving energy independence by 2047 and net-zero carbon emissions by 2070, as laid out in its national decarbonization strategy.
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National Green Hydrogen Mission: Key Highlights
On January 4, 2023, the Union Cabinet officially approved the National Green Hydrogen Mission, with a total budget allocation of ₹19,744 crore.
Mission Objectives:
The mission aims to establish India as a global hub for the production, consumption, and export of green hydrogen and its derivatives. By 2030, the goal is to set up at least 5 million metric tons (MMT) of annual green hydrogen production capacity. This could potentially scale up to 10 MMT through strategic export opportunities and global collaborations.
R&D Initiatives Supporting the Hydrogen Economy
India is aggressively building the infrastructure necessary to support a large-scale transition to green hydrogen. At the heart of this effort is cutting-edge research and development, focused on driving down costs and improving performance across key technologies like electrolyzers, fuel cells, and hydrogen storage systems.
Key Objectives of R&D Programs:
- Improve energy efficiency
- Reduce manufacturing and operational costs
- Enhance durability and lifespan of components
- Minimize reliance on imported raw materials and critical metals
This R&D initiative is envisioned as a collaborative mission involving top-tier academic institutions, government agencies, and industry leaders.
NITI Aayog’s Mission-Mode Focus Areas
As part of a mission-mode strategy, NITI Aayog has outlined specific technical priorities to strengthen India’s green hydrogen roadmap:
- Early-Stage Research: Develop innovative tech to reduce hydrogen delivery and dispensing costs.
- Fuel Cell Stack Manufacturing: Create scalable, cost-effective manufacturing methods, especially for automotive uses.
- Advanced Electrolyser Development: Apply technologies like additive manufacturing to lower component costs.
- Hydrogen Compression: Explore solutions such as electrochemical cells and metal hydrides to achieve compression up to 875 bar.
- Hydrogen Liquefaction: Utilize vortex tube technology and magnetocaloric systems to double liquefaction efficiency.
- Raw Material Security: Secure critical minerals like Nickel, Zirconium, Lanthanum, Yttrium, Platinum, and Iridium through domestic extraction or international partnerships to build a reliable electrolyser supply chain.
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Conclusion
India’s green hydrogen ecosystem is being redefined by forward-looking policies, global alliances, and strategic investments in innovation. The National Green Hydrogen Mission marks a pivotal moment in the country's transition to a cleaner, more sustainable energy future. As India ramps up production and builds export capabilities, this sector is set to drive economic growth, create employment opportunities, and strengthen energy security.
With clear policy direction, robust R&D initiatives, and a strong push for global collaboration, India is on track to become a world leader in green hydrogen—fueling not just its own clean energy needs but also contributing to global climate goals.
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