India on course for major global share in green hydrogen, says minister

India is positioned to capture 10 per cent of global green hydrogen demand by 2030, Union minister Shripad Y Naik said on Wednesday, as the country accelerates its clean-energy transition.

Speaking at the third International Conference on Green Hydrogen (ICGH 2025), Naik said India’s energy transition remains one of the boldest globally, driven by Prime Minister Narendra Modi’s ‘Panchamrit’ commitments at COP-26.

He said India is steadily progressing towards its target of 500 GW of non-fossil-fuel capacity by 2030 and net-zero emissions by 2070. The country’s installed non-fossil-fuel-based power generation capacity has reached nearly 260 GW, led primarily by solar and wind power.

“This strong renewable base has now empowered India to take the next decisive step — the Green Hydrogen Revolution — converting renewable strength into clean molecules that can decarbonise industries, fuel transport, and enable global trade,” he said.

Naik said India’s green hydrogen market is expected to grow at a compound annual rate of 20–40 per cent over the next decade. With abundant renewable resources, strategic geography and supportive policies, India is set to become a major producer and exporter of green hydrogen and derivatives such as green ammonia and methanol.

India, he added, is positioning itself as a leader in the global hydrogen transition through policy frameworks, standardisation initiatives and international partnerships.

Naik urged industry and investors to accelerate project execution, expand electrolyser manufacturing, and build stronger innovation pipelines. He encouraged State Governments to create hydrogen hubs and industrial clusters to support local economies.

He described the Green Hydrogen transition as an economic, environmental and societal shift that would drive sustainable growth and reinforce India’s role in the global hydrogen value chain.

Highlighting the progress under the National Green Hydrogen Mission (NGHM), launched in January 2023, Naik said the mission has moved from planning to implementation. Incentive schemes worth Rs 17,000 crore are supporting green hydrogen production and electrolyser manufacturing.

Projects have been awarded for 3,000 MW per annum of domestic electrolyser capacity and 8.62 lakh metric tonnes per annum of green hydrogen production.

The Solar Energy Corporation of India (SECI) has discovered globally competitive prices — among the lowest internationally — for supplying 7.24 lakh MTPA of green ammonia to fertiliser units. Projects have also been sanctioned for delivering 20,000 MTPA of green hydrogen to IOCL, BPCL and HPCL refineries.

Naik said ICGH 2025 reflects India’s commitment to advancing green hydrogen technology, supporting innovation, and accelerating its move towards a clean and sustainable energy future.

(With inputs from agencies)