India Unveils Ambitious Plans to Become Leading Exporter of Renewable Green Hydrogen Fuel

Union Minister R.K. Singh unveiled plans for 24/7 renewable energy using green hydrogen, potentially at Rs. 6/unit. This is cheaper than conventional storage.

Singh said carbon credits can be earned for exported green hydrogen and ammonia, positioning India as a global renewable energy player.

42% of India's energy capacity is from renewables now. Plans are to add 50,000 MW annually.

India aims to have 5.8 million tons of green hydrogen capacity under the National Green Hydrogen Mission, becoming a leading exporter.

The Confederation of Indian Industry report advocates an energy transition investment pipeline to build supply chain resilience.