Petroleum and Natural Gas Minister Hardeep Singh Puri announced on Wednesday that India’s Hydrogen Age has begun, with the country targeting 5 million metric tonnes of green hydrogen production by 2030, which would account for 10 per cent of the global market.

Puri said the price of green hydrogen is expected to fall below $3 per kg from the current $3.5 per kg.

“If prices come down, India can adopt green hydrogen on a much larger scale, which will help reduce our import dependence. Under Prime Minister Narendra Modi’s leadership, Bharat is building a trusted hydrogen hub — fuelling growth, exports, and a cleaner future,” the minister added.

According to official estimates, at a price of $2.5 per kg, India could replace $150 billion in energy imports.

Puri said around 1 million tonnes

See Full Page