India’s National Hydrogen Mission is a major policy enabler to make India reach its climate targets and become a hub for green hydrogen and green ammonia production (National Hydrogen Mission). In addition, it is targeting to reduce its dependence on fossil fuels and scale up its renewable energy capacity GW 500. The aim is to bring down the cost of green hydrogen to $1.5 per kg and have five million tonnes per year green hydrogen capacity by 2030.
India has an advantage here due to its geographical location, climate conditions and abundance of renewable sources of energy like solar, wind and hydropower making it ideal for becoming the world’s cheapest hub for green hydrogen by 2050.
“Green hydrogen will play a crucial role in helping the nation to mitigate climate change. India should become a global hub for green hydrogen production and exports.”- Narendra Modi, Prime Minister of India
