Green Hydrogen: India's Path to Sustainable Energy Leadership by 2030
A joint report outlines India's strategy to achieve the production of 5 million metric tonnes of green hydrogen by 2030. The report emphasizes scaling demand through strategic sector selection and export opportunities, providing a pathway for India to become a global leader in decarbonization and energy independence.
- Country:
- India
A recent report by Bain & Company, CII, and the Rocky Mountain Institute underscores the critical role of scaling green hydrogen demand to meet India's ambitious target of producing 5 million metric tonnes by 2030.
Launched at the CII International Business Conclave, the report suggests strategic sector selection and export opportunities as key pathways to achieving this goal.
Sector-specific demand forecasts include 2 MMT for oil refining, 0.9 MMT from fertilisers, and 0.1 MMT from natural gas. Public procurement of green steel, strategic blending with grey hydrogen, and low-cost funding are emphasized as crucial steps in bolstering this clean energy transition.
(With inputs from agencies.)
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