India continued to advance its green hydrogen sector in Q4 2024 through numerous key tenders, bid submissions, investments and policy measures.
Three green hydrogen tenders were issued by various tendering authorities including MECON Limited, Hindustan Petroleum Corporation Limited (HPCL), and Powergrid Corporation of india, according to JMK Research & Analytics.
The Solar Energy Corporation of India (SECI) opened a set of bids submitted by 14 players with a cumulative capacity of 6,26,500 MT per annum, compared to the tender capacity of 4,50,000 MT per annum, for setting up production facilities for green hydrogen in India under the Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme (Mode-1 Tranche-II).
Waaree Energies approved INR200 crore investment to set up a 300MW electrolyser manufacturing plant under the PLI Scheme.
On the policy front, two central-level policies, notifications, or orders were issued by the Ministry of New and Renewable Energy (MNRE), including the development of pilot projects for the production and use of green hydrogen in various applications and the establishment of Centres of Excellence (CoEs) under the Research and Development Scheme of the National Green Hydrogen Mission (NGHM).
India aims to reduce its dependence on fossil fuels and scale up its renewable energy capacity to 500 GW by 2030 and bring down the cost of green hydrogen to $1.5 per kg, with five million tonnes per year green hydrogen capacity by the same year.
Green hydrogen is firmly in the spotlight at India Energy Week 2025, now into its second day, with up to 70,000 global delegates expected to attend.
Speaking at the opening ceremony, H.E. Hardeep Singh Puri, Minister of Petroleum and Natural Gas, Government of India, said he thinks India “will do much better” than the five million target.
“I believe there will be such a shift to green hydrogen and work is going on at a frantic pace,” he said.
Read more: India Energy Week 2025 opens with bold hydrogen outlook
NTPC Green Energy, the clean energy arm of India’s largest thermal power producer NTPC, is developing a $21bn green hydrogen hub as the country looks to scale up its efforts in clean energy production.
To be located in the region of Andhra Pradesh, the project will be the first green hydrogen hub under the National Green Hydrogen Mission.
Equipped with a capacity of 20GW, the facility is earmarked to produce 1,500 tonnes per day (tpd) of green hydrogen and 7,500 tpd green hydrogen derivatives such as green methanol, green urea and sustainable aviation fuel.
Industrial clusters lie at the heart of India’s green hydrogen strategy because collaboration between industries, public institutions and stakeholders can drive economic growth, and provide scalable models.
Read more: NTPC to develop 1,500 TPD green hydrogen hub in India
Last month Greenstat Hydrogen India (GHI) and H2Carrier agreed to develop green hydrogen and ammonia projects in India and Sri Lanka.
Read more: GHI and H2Carrier to explore floating hydrogen production projects in India and Sri Lanka