India can produce green hydrogen cheaper than China

India can be the cheapest producer of Green Hydrogen in the world due to its enabling climatic conditions, NITI Aayog CEO Amitabh Kant said.

In an interactive session at the Raisina Dialogue, Kant pointed out that India has brought down the cost of renewable energy.

While noting that China does not have climatic conditions to become the cheapest producer of Green Hydrogen, Kant said India will have to compete with Middle-East countries.

Observing that the country is a large consumer of Green Hydrogen, he said India will be the capital of the world in Green Hydrogen production.

According to Kant, the long-term solution to the world does not lie in batteries. He said that the world cannot be dependent on lithium, cobalt and nickel resources in the world are being managed by one country.  He observed they will create their own complexity in terms of making a cleaner world for the future.