Powering Green Ambitions

Powering Green Ambitions

India sees export boost in green hydrogen
Published on

New Delhi

A new report says India could gain up to 1.1 million metric tonnes (MMT) in green hydrogen demand through exports, helping reach its goal of 5 MMT green hydrogen production by 2030.

The joint report by Bain & Company, the Confederation of Indian Industry (CII), and Rocky Mountain Institute (RMI) highlights that matching supply with strong demand is key. Without it, India’s green hydrogen dream may remain out of reach.

To build demand, the report suggests mixing green hydrogen into industries like oil refining, fertilizer production, and piped gas systems. This blending alone could create up to 3 MMT in domestic demand by 2030.

On the export side, green hydrogen, ammonia, and green steel shipments could add another 1.1 MMT. Public sector purchases of green steel for infrastructure projects might bring in 0.6 MMT more.

Small amounts of blending — 10% in refining, 20% in fertilizers — would add little cost and could grow further as green hydrogen becomes cheaper. Industries such as chemicals, glass, and ceramics, which already use hydrogen, may also switch to green hydrogen. This shift could generate another 0.07 MMT.

The report also advises the government to lead by buying green steel for public projects like bridges and railways. This would create steady demand and support long-term industry growth.

India’s strong renewable energy and low production costs give it an advantage. Even capturing 5–7.5% of global import demand from regions like the EU and South Korea could drive 0.8–1.1 MMT in exports.

Experts welcomed the report, calling it a roadmap for turning India’s green hydrogen hopes into reality.

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