Globally, hydrogen demand could triple by 2060, with India’s share in final energy consumption expected to rise from 1.8 per cent to over 3 per cent, according to S&P Global’s Renaissance scenario. India is fast-tracking its hydrogen economy through competitive pricing, certification reforms, and port infrastructure upgrades, according to S&P Global Commodity Insights experts actively...
Tag: National Green Hydrogen Mission
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India’s Bold Energy Transition
A blend of policy drive, industry participation, and global partnerships now defines the complex clean energy transition underway in the world’s most populous nation, writes Manish Pant. India’s shift to sustainable energy sources is ambitious, complex, and multifaceted. On July 29, the Solar Energy Corporation of India (SECI)—the nodal agency for renewable programmes—completed green ammonia...
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India Accelerates Green Hydrogen Push with Port-Based Pilots, R&D Grants and Industry Backing: Pralhad Joshi
To accelerate innovation in green hydrogen, India has launched a ₹1 billion call for proposals targeting start-ups, offering up to ₹50 million per project for pilot initiatives in production, storage, transport and utilisation technologies. Union Minister for New and Renewable Energy Pralhad Venkatesh Joshi has said India is actively working to realise the goals outlined...
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GST 2.0 to Unlock Liquidity and Lower Capital Costs for Renewables: Oyster Energy MD
Recent GST cuts are set to unlock liquidity and lower capital costs for renewable energy developers, says Siddharth Bhatia, Managing Director of Mumbai-based independent power producer Oyster Renewable Energy, in conversation with INFRASTRUCTURE TODAY’s Manish Pant. He argues that these reforms—if aligned with Make in India priorities—could accelerate project execution and attract foreign capital. Bhatia...
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India Sets Global Record with $0.64/kg Green Ammonia Price Under Hydrogen Mission
This translates to approximately $641 per metric tonne, which is a substantial drop from the previously discovered price of ₹100.28 per kg in the H2Global auction in 2024. In a first under the National Green Hydrogen Mission, the Solar Energy Corp. of India (SECI) has completed the procurement of green ammonia at a significantly lower...
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Kandla Port Achieves Major Sustainability Milestone with Megawatt-Scale Green Hydrogen Plant Launch
Generating 140 metric tonnes of green hydrogen annually, the plant sets the pace for sustainable operations and maritime decarbonisation across India. In a major boost to India’s efforts to develop a robust green hydrogen ecosystem, the Deendayal Port Authority (DPA) has successfully launched a 1 MW green hydrogen power plant within four months of Prime...
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Solar Now Far Cheaper Than Conventional Energy as Tariffs Fall: Joshi
The Union Minister for New & Renewable Energy spotlighted India’s investor-friendly clean energy policies as a driving force in the global energy transition at a renewable energy summit in Mumbai. Speaking a day after India surpassed 44 per cent non-fossil fuel capacity, reaching its 2030 target five years ahead of schedule, Prahlad Venkatesh Joshi, Union...
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Policy reforms lead to better health, greater lending power
REC Ltd, which finances and promotes power projects across India, has been gearing up for a big shift by focusing on renewable energy and other green projects. With the shift in priorities towards renewable energy, raising funds for renewables has become easier in the domestic and global market, says Vijay Kumar Singh, Director (Projects), REC Ltd....