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India is aggressively pursuing its goal to become the world’s cheapest green hydrogen producer by 2030, targeting a cost of USD 1 per kg. This initiative aims to transform heavy industries, boost innovation, and position India as a global clean energy leader, with a robust production target and strong policy support.
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India is on track to become the world's cheapest producer of green hydrogen by 2030, targeting a production cost of USD 1 per kilogram, according to former Niti Aayog CEO Amitabh Kant. This bold ambition is central to the country's clean energy transformation and industrial decarbonization strategy.
Key Highlights:
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India’s National Green Hydrogen Mission is driving rapid cost reductions, aiming to bring down green hydrogen production from USD 4.5 per kg to USD 1 per kg by 2030, leveraging its renewable energy ecosystem and scale advantages.
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The government’s push is set to reshape heavy industries, including steel, fertilizers, and heavy transport, unlocking new opportunities for startups and entrepreneurs in the green economy.
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India’s vision includes achieving 5 million metric tonnes of annual green hydrogen production by 2030, backed by 125 GW of renewable energy capacity dedicated to green hydrogen projects.
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The country is poised to capture a significant share of global green hydrogen demand, with over 9 million tonnes per annum of project announcements already in the pipeline.
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A circular economy approach, supported by digital infrastructure and AI, is expected to accelerate innovation and create new jobs in the green sector.
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Green hydrogen is seen as a gateway to energy independence and global leadership in clean manufacturing, with the potential to drastically reduce India’s dependence on imported fossil fuels.
Source: The Economic Times, ANI News, Council on Energy, Environment and Water (CEEW), Ministry of New and Renewable Energy (MNRE)
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